Citigroup: Expect Another Big Dividend Hike To Move Stock
Citigroup has recently held up better than other large financials.
A big dividend hike at the last CCAR was a catalyst for the stock.
The large financial appears best positioned to hike the capital return this year, providing a catalyst for the cheap stock.
Despite obvious value and still trading below book value, Citigroup (NYSE:C) has struggled to move beyond $62. The large financial hasn't been hit by the general weakness in the sector, though one shouldn't see that as reason for the stock to not rally.
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