Citizens Financial Group Inc. 8-K Report: Stock Insights & Dividend Details

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Form 8-K
Filed on: 2025-03-05
Source
Citizens Financial Group Inc. 8-K Report: Stock Insights & Dividend Details

Based on the provided XML section of the financial report, here are the key insights and information extracted:

  1. Entity Information:
  • Company Name: Citizens Financial Group Inc.
  • CIK (Central Index Key): 0000759944
  • SEC Filing Type: 8-K (Current Report)
  • Filing Date: March 5, 2025
  • Address: One Citizens Plaza, Providence, RI 02903
  • Phone: (203) 900-6715
  1. Stock Information:
  • Common Stock:
    • Par Value: $0.01 per share
    • Symbol: CFG (listed on NYSE)
  • Preferred Stock:
    • Series E:
    • Type: Fixed-Rate Non-Cumulative Perpetual Preferred Stock
    • Dividend Rate: 5.000%
    • Symbol: CFG PrE (listed on NYSE)
    • Series H:
    • Type: Fixed-Rate Non-Cumulative Perpetual Preferred Stock
    • Dividend Rate: 7.375%
    • Symbol: CFG PrH (listed on NYSE)
  1. Report Context:
  • The reporting period for this information is a single date: March 5, 2025.
  1. Stock Classifications:
  • The report mentions three classifications of stock:
    • Common Stock
    • Series E Preferred Stock
    • Series H Preferred Stock
  1. Note on Preferred Stock:
  • Both Series E and Series H represent depositary shares, each representing a 1/40th interest in a share of the respective preferred stock.

Summary:

Citizens Financial Group Inc. filed an 8-K report on March 5, 2025, detailing their common and preferred stock offerings, including Series E and Series H preferred stocks, both of which are fixed-rate and non-cumulative. The common stock has a nominal par value, while the preferred stocks offer specific fixed dividend rates. This information is important for investors looking at the equity structure and dividend potential of the company.