Wednesday, January 19, 2011

"Citigroup Dividend: Wait Until Next Year" (C)

The stock's down 3 cents at $4.77 and appears to be groping for a bottom.
[cute -ed]
Here's DealJournal:
“We still think 2012 is the right year for us to return capital.”

That was the message from Citigroup CEO Vikram Pandit on the company’s earnings conference call. The comment confirms what Pandit and other Citigroup executives have been saying about the potential resumption of dividends or other cash returns to shareholders....MORE