The Board of Directors of Citigroup Inc. declared a quarterly dividend on Citigroup's common stock of $0.51 per share, payable on February 28, 2020 to stockholders of record on February 3, 2020.

The Board of Directors of Citigroup Inc. also declared dividends on Citigroup's preferred stock as: 5.950% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series A, payable January 30, 2020, to holders of record on January 17, 2020. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $29.75 for each receipt held. -- 5.90% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series B, payable February 18, 2020, to holders of record on February 7, 2020. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $29.50 for each receipt held. -- 7.125% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series J, payable March 30, 2020, to holders of record on March 20, 2020. Holders of depositary receipts, each representing one-thousandth of a full preferred share, will be paid $0.4453125 for each receipt held. -- 6.875% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series K, payable February 18, 2020, to holders of record on February 7, 2020. Holders of depositary receipts, each representing one-thousandth of a full preferred share, will be paid $0.4296875 for each receipt held. -- 5.875% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series O, payable March 27, 2020, to holders of record on March 17, 2020. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $29.375 for each receipt held. -- 5.950% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series Q, payable February 18, 2020, to holders of record on February 7, 2020. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $29.75 for each receipt held. -- 6.300% Noncumulative Preferred Stock, Series S, payable February 12, 2020, to holders of record on January 31, 2020. Holders of depositary receipts, each representing one-thousandth of a full preferred share, will be paid $0.39375 for each receipt held. -- 6.250% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series T, payable February 18, 2020, to holders of record on February 7, 2020. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $31.25 for each receipt held. -- 5.000% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series U, payable March 12, 2020, to holders of record on February 27, 2020. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $25.00 for each receipt held.