CFG Named A Prime Socially Accountable Dividend Inventory

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CFG Named A Prime Socially Accountable Dividend Inventory

Citizens Monetary Group Inc (Image: CF


Citizens Monetary Group Inc (Image: CFG) has been named a Prime Socially Accountable Dividend Inventory by Dividend Channel, signifying a inventory with above-average ”DividendRank” statistics together with a robust 3.5% yield, in addition to being acknowledged by distinguished asset managers as being a socially accountable funding, by way of evaluation of social and environmental standards. Environmental standards embody issues just like the environmental influence of the corporate’s services and products, in addition to the corporate’s effectivity by way of its use of vitality and sources. Social standards embody components reminiscent of human rights, youngster labor, company variety, and the corporate’s influence on society — as an illustration, considered could be enterprise actions tied to weapons, playing, tobacco, and alcohol.

In keeping with the ETF Finder at ETF Channel, Residents Monetary Group Inc is a member of the iShares USA ESG Choose ETF (SUSA), making up 0.10% of the underlying holdings of the fund, which owns $2,989,567 price of CFG shares.

The annualized dividend paid by Residents Monetary Group Inc is $1.56/share, at the moment paid in quarterly installments, and its most up-to-date dividend ex-date was on 04/28/2021. Beneath is a long-term dividend historical past chart for CFG, which the DividendRank report burdened as being of key significance. Certainly, learning an organization’s previous dividend historical past could be of excellent assist in judging whether or not the newest dividend is more likely to proceed.

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CFG operates within the Banking & Financial savings sector, amongst firms like JPMorgan Chase & Co (JPM), and Financial institution of America Corp (BAC).

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