12 Incredibly Cheap Dividend Stocks to Buy Now

6. Citigroup Inc. (NYSE:C)

Forward P/E Ratio as of March 14: 8.87

Citigroup Inc. (NYSE:C) is a New York-based multinational investment bank and financial services company. It operates across three main divisions: Global Consumer Banking, Institutional Clients Group, and Treasury and Trade Solutions. With its vast customer network and strong international footprint, the company focuses on enhancing its market competitiveness.

Citigroup Inc. (NYSE:C) recently dropped sharply after reports of major transfer errors, including an $81 trillion mistaken deposit. These issues add to ongoing regulatory challenges, following a 2020 consent order and hefty fines for past control failures, including a $900 million accidental transfer. Since the start of 2025, the stock has declined by nearly 2%, as of the close of March 13.

Analysts see these errors as short-term challenges rather than long-term threats to Citigroup Inc. (NYSE:C)’s overall performance. In fiscal 2024, the bank’s net income jumped nearly 40% to $12.7 billion, exceeding its revenue target. This growth was fueled by strong performances in its Services, Wealth, and US Personal Banking divisions, along with improved efficiency from cost management and a major restructuring. Annual revenue rose 3% year-over-year to $81.1 billion.

Citigroup Inc. (NYSE:C) remains a reliable dividend payer, returning $6.7 billion to shareholders through dividends and stock buybacks in FY24. With a 34-year history of uninterrupted dividends, it is one of the best dividend stocks on our list. The company currently offers a quarterly dividend of $0.56 per share and has a dividend yield of 3.26%, as of March 14.