The Traderszone Network

Published in TZ Latest News 29 June, 2016 by The TZ Newswire Staff

Citigroup Triples Its Dividend and Boosts Stock Buybacks

Citigroup

Image source: iStock/Thinkstock.

On Thursday afternoon, the Federal Reserve published the results from the second round of this year’s stress test. Citigroup (NYSE: C) passed, which paves the way for the nation’s fourth biggest bank by assets to increase its dividend and stock repurchase plan.

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