Essential Avenue Vs. Diversified Bank: U.S. Bancorp Vs. Citigroup (NYSE:C)
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C has been paying dividends for 10 years (they had to suspend their dividends because of the 2008 crisis until 2011). Since then, the management has been paying dividends consecutively. However, the rise of the dividend is extra like an advert hoc methodology than a fastidiously deliberate execution. They haven’t modified the $0.51 per share dividend since 2019, and in response to the management, investors can’t calculate any increases soon.
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