July 14, 2026 a 03:30 am

CFG: Dividend Analysis - Citizens Financial Group, Inc.

📊 Overview

This section provides a snapshot of CFG's core dividend statistics, highlighting their sector position and key dividend metrics.

Aspect	Details
Sector	Financial Services
Dividend Yield	2.77 %
Current Dividend Per Share	2.06 USD
Dividend History	13 years
Last Cut or Suspension	None

🗣️ Dividend History

CFG has demonstrated strong dividend continuity over the years, reflecting its resilience and commitment to returning value to shareholders. Analyzing this trend helps investors understand the company's stability, especially in times of economic uncertainty.

Year	Dividend Per Share
2026	0.92
2025	1.72
2024	1.68
2023	1.68
2022	1.62

📈 Dividend Growth

The growth rate of dividends is crucial as it signals a company's potential in increasing shareholder returns over time. CFG's dividend growth demonstrates their ability to reinvest and expand.

Time	Growth
3 years	2.02 %
5 years	1.97 %

The average dividend growth is 1.97 % over 5 years. This shows moderate but steady dividend growth.

✅ Payout Ratio

Payout ratios indicate how well earnings support dividends. CFG's ratios suggest a balance between rewarding shareholders and retaining earnings for growth.

Key Figure	Ratio
EPS-based	44.33 %
Free cash flow-based	34.81 %

Both EPS-based (44.33%) and FCF-based (34.81%) payout ratios illustrate a conservative approach, indicating sufficient earnings coverage for dividends.

📊 Cashflow & Capital Efficiency

Cashflow and capital efficiency metrics are critical in understanding a company's operational efficiency and ability to support dividend payments through cash flow.

Metric	2025	2024	2023
Free Cash Flow Yield	8.08 %	9.53 %	17.71 %
Earnings Yield	7.27 %	7.65 %	10.21 %
CAPEX to Operating Cash Flow	7.87 %	6.10 %	5.81 %
Stock-based Compensation to Revenue	1.08 %	0.79 %	0.71 %
Free Cash Flow / Operating Cash Flow Ratio	92.13 %	93.90 %	94.19 %

CFG exhibits robust free cash flow generation, supporting its dividend consistency and providing flexibility for capital investments.

📉 Balance Sheet & Leverage Analysis

A company's balance sheet health is vital for assessing its ability to sustain dividend payments and manage financial obligations under varied market conditions.

Metric	2025	2024	2023
Debt-to-Equity	42.87 %	51.13 %	57.40 %
Debt-to-Assets	4.98 %	5.70 %	6.29 %
Debt-to-Capital	30.01 %	33.83 %	36.47 %
Net Debt to EBITDA	-0.54	0.49	0.77
Current Ratio	1.04	0.25	0.24
Quick Ratio	1.04	0.25	0.24
Financial Leverage	8.60	8.97	9.12

CFG demonstrates cautious financial management with manageable leverage levels, supporting financial resilience and dividend reliability.

📊 Fundamental Strength & Profitability

The company's profitability metrics provide insight into its operational efficiency and capability to generate returns and support dividends.

Metric	2025	2024	2023
Return on Equity	6.96 %	6.22 %	6.61 %
Return on Assets	0.81 %	0.69 %	0.72 %
Net Margin	16.42 %	12.22 %	13.19 %
EBIT Margin	20.88 %	15.29 %	16.66 %
EBITDA Margin	24.17 %	19.32 %	20.58 %
Gross Margin	69.75 %	57.56 %	61.84 %
Research & Development to Revenue	0 %	0 %	0 %

CFG's profitability indices consistently reflect its robustness in generating income, suggesting a solid foundation for enduring dividends.

📊 Price Development

🗳️ Dividend Scoring System

The dividend scoring system evaluates CFG's dividend safety and growth potential based on various criteria.

Criterion	Score	Score Bar
Dividend yield	4
Dividend Stability	5
Dividend growth	3
Payout ratio	4
Financial stability	4
Dividend continuity	5
Cashflow Coverage	4
Balance Sheet Quality	4

✅ Rating

CFG is a sturdy dividend payer with a promising yield and a historic record of stable payments. It is rated "BUY" for dividend investors seeking a stable income stream combined with modest growth potential. The company's financial discipline and dividend consistency make it an attractive buy within the financial services sector.