penny stock fortunes

Penny Stocks 2013

Penny Stocks 2013

When, if ever will i get any dividends for Citigroup stock i’ve purchased?

I bought citigroup (C) stock on 09/11/2012 for $32.58 a share. It was my first time buying shares, and i bought 2. It has since gone up in price to $37.95. I don’t plan on selling it, i just wanted to buy it for the experience. But, i was wondering how to know when, and if i will be getting a dividend. I know it’ll probably be like .01 cent or something, but i was curious. Thanks!!

Good news. Citigroup is paying a dividend now. And you are right, it is a penny a share. But they pay it every quarter and it has been much higher in the past and will be much greater again, say in a year or two. The last dividend was in fact paid yesterday and the next one will be paid on or about Feb. 1, 2013. Here is the record of dividend payments of C:

http://finance.yahoo.com/q/hp?s=C&a=00&b=3&c=1977&d=10&e=3&f=2012&g=v

Federal National Mortgage Association (FNMA) Penny Stock Trading Chart_5/14/2013


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