Citizens Financial Group, Inc.
CFGFinancial Services · Banks - Regional · Stock · quarterly payer
Forward Yield
3.19%
Annual Dividend
$2.08
Payout Ratio
39%
5-Yr Growth
2.0%
Ex-Date
Oct 30, 2026
Frequency
Quarterly
Key facts about CFG's dividend
Data as of · Source: SmarterDividends data
- As of Oct 24, 2026, Citizens Financial Group, Inc. (CFG) has a forward dividend yield of 3.19%, based on an annual dividend of $2.08 per share and a share price of $65.14.
- As of Oct 24, 2026, CFG's dividend safety grade from SmarterDividends is A (88 out of 100), which rates the dividend as very safe.
- CFG has never cut its regular dividend in the payment history SmarterDividends has on record.
- CFG's next ex-dividend date is Oct 30, 2026, with payment on Nov 13, 2026. Shares must be owned before that date to receive the dividend.
- As of Oct 24, 2026, CFG pays out 39% of its trailing 12-month earnings as dividends (its payout ratio).
- CFG's dividend has grown at an average rate of 2.0% a year over the past five years.
- As of Oct 24, 2026, CFG's 3.19% yield is 23% below its five-year average yield of 4.15%.
- As of Oct 24, 2026, SmarterDividends' blended fair-value estimate for CFG is $79.28 per share, 22% above the $65.14 share price, so CFG screens as undervalued.
- Citizens Financial Group, Inc. (CFG) pays its dividend quarterly, 4 times a year.
- Citizens Financial Group, Inc. (CFG) has raised its regular dividend 10 times and cut it 0 times across the 48 payments on record since 2014. Its most recent change was a 9.5% increase to $0.460 per share, going ex-dividend on Oct 29, 2025.
Cite this page
SmarterDividends, "CFG Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 24, 2026, https://smarterdividends.com/stocks/CFG
Summary
As of Oct 24, 2026, Citizens Financial Group, Inc. (CFG) yields 3.19% ($2.08 a year per share) and has a dividend safety grade of A (88/100).
Is CFG a good dividend stock?
YesCitizens Financial Group, Inc. (CFG) pays a quarterly dividend yielding 3.19% ($2.08/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (39%)
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 3.19%
- Payout Ratio
- 39%
- Annual Dividend
- $2.08
- 5-Yr Avg Growth
- 2.0%
- Ex-Dividend Date
- Oct 30, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 1.06
- Market Cap
- $27.4B
- P/E Ratio
- 14.2
- 5-Yr Total Return
- 38%
- 52-Week Range
- $49.00 – $75.33
- Dividend Safety
- A · 88/100
- Ever Cut?
- No
CFG dividend raises and cuts
Citizens Financial Group, Inc. (CFG) has raised its regular dividend 10 times and cut it 0 times across the 48 payments on record since 2014. Its most recent change was a 9.5% increase to $0.460 per share, going ex-dividend on Oct 29, 2025.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Oct 29, 2025 | Raise | $0.420 → $0.460 | +9.5% |
| Aug 1, 2022 | Raise | $0.390 → $0.420 | +7.7% |
| Jan 28, 2020 | Raise | $0.360 → $0.390 | +8.3% |
| Jul 30, 2019 | Raise | $0.320 → $0.360 | +12.5% |
| Jan 30, 2019 | Raise | $0.270 → $0.320 | +18.5% |
| Jul 31, 2018 | Raise | $0.220 → $0.270 | +22.7% |
| Jan 31, 2018 | Raise | $0.180 → $0.220 | +22.2% |
| Jul 31, 2017 | Raise | $0.140 → $0.180 | +28.6% |
| Jan 31, 2017 | Raise | $0.120 → $0.140 | +16.7% |
| May 2, 2016 | Raise | $0.100 → $0.120 | +20.0% |
Frequently Asked Questions
Is CFG a good dividend stock?
Yes. Citizens Financial Group, Inc. (CFG) pays a quarterly dividend yielding 3.19% ($2.08/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is CFG undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CFG's fair value is about $79.28 versus a $65.14 share price — so it looks undervalued (+22% vs. fair value).
Is CFG's dividend safe?
CFG has a dividend-safety grade of A (88/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is CFG's fair value?
Our blended fair-value estimate for CFG is about $79.28 per share, roughly 22% above the current $65.14 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is CFG a buy, hold, or sell?
We don't issue formal ratings, but on the data CFG screens as "yes" and undervalued. Citizens Financial Group, Inc. (CFG) pays a quarterly dividend yielding 3.19% ($2.08/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will CFG cut its dividend?
CFG earns a dividend-safety grade of A (88/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does CFG pay a dividend?
Yes. Citizens Financial Group, Inc. pays a quarterly dividend of about $2.08 per share annually, a forward yield of roughly 3.19%.
What is CFG's dividend yield?
As of Oct 24, 2026, CFG's forward dividend yield is 3.19%, based on a $2.08 annual dividend and a $65.14 share price.
What is CFG's dividend per share?
As of Oct 24, 2026, CFG pays $2.08 per share per year, distributed on a quarterly basis.
What is CFG's dividend payout ratio?
As of Oct 24, 2026, CFG's payout ratio is 39% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has CFG grown its dividend?
As of Oct 24, 2026, CFG has increased its dividend for 1 consecutive years.
When is the next CFG ex-dividend date?
As of Oct 24, 2026, the next ex-dividend date on record for CFG is Oct 30, 2026.
CFG Price — Last 12 Months
Daily close
Price Return
1 Year
+20%
3 Years
+139%
5 Years
+38%
52-Week Range
$49.00 – $75.33
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CFG worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Citizens Financial Group, Inc. is $79.28 per share, versus a market price of $65.14. That implies 22% of upside — a margin of safety of about 18%.
Fair Value
$79.28
Current Price
$65.14
Upside
+22%
Margin of Safety
18%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 9.6% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $4.59 EPS, $2.08 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CFG Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full CFG dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 30, 2026 | Aug 13, 2026 | $0.4600 | regular |
| Apr 30, 2026 | May 14, 2026 | $0.4600 | regular |
| Feb 4, 2026 | Feb 18, 2026 | $0.4600 | regular |
| Oct 29, 2025 | Nov 12, 2025 | $0.4600 | regular |
| Jul 31, 2025 | Aug 14, 2025 | $0.4200 | regular |
| Apr 30, 2025 | May 14, 2025 | $0.4200 | regular |
| Jan 31, 2025 | Feb 14, 2025 | $0.4200 | regular |
| Oct 30, 2024 | Nov 13, 2024 | $0.4200 | regular |
| Jul 31, 2024 | Aug 14, 2024 | $0.4200 | regular |
| Apr 30, 2024 | May 15, 2024 | $0.4200 | regular |
| Jan 30, 2024 | Feb 14, 2024 | $0.4200 | regular |
| Oct 31, 2023 | Nov 15, 2023 | $0.4200 | regular |
| Aug 1, 2023 | Aug 16, 2023 | $0.4200 | regular |
| May 2, 2023 | May 17, 2023 | $0.4200 | regular |
Income Calculator
At $2.08 / yr per share
Similar Dividend Stocks
Compare CFG
Explore more
Lists and tools related to CFG
- Stocks that pay dividends in November →
- Undervalued dividend stocks →
- Safest dividend stocks →
- Financial Services dividend stocks →
- CFG dividend calculator →
- CFG DRIP calculator →
- CFG: last day to buy for the dividend →
- Embed CFG dividend data on your site →
- Dividend increases & cuts this week →
- Dividend calendar →
- Dividend calculator →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →