Equitable Holdings Increases Common Stock Dividend and Declares Preferred Stock Dividends
24 Maggio 2023 - 10:15PM
Business Wire
Equitable Holdings, Inc. (the “Company”) (NYSE: EQH) announced
today that its Board of Directors has declared a quarterly cash
dividend of $0.22 per share of common stock, representing a 10%
increase from the prior quarter. The dividend on the common stock
will be payable June 12, 2023, to shareholders of record at the
close of business on June 5, 2023.
The Company’s board also declared the following cash
dividends:
- Quarterly dividend of $328.125 per share on Series A 5.25%
Non-Cumulative Perpetual Preferred Stock, with a liquidation
preference of $25,000 per share, which are represented by
depositary shares (NYSE: EQH PR A), each representing a 1/1,000th
interest in a share of preferred stock, holders of which will
receive $0.328125 per depositary share. The dividend will be
payable on June 15, 2023 to holders of record as of June 2,
2023.
- Semi-annual dividend of $618.750 per share on Series B 4.95%
Non-Cumulative Perpetual Preferred Stock, with a liquidation
preference of $25,000 per share, which are represented by
depositary shares, each representing a 1/25th interest in a share
of preferred stock, holders of which will receive $24.75 per
depositary share. The dividend will be payable on June 15, 2023 to
holders of record as of June 2, 2023.
- Quarterly dividend of $268.750 per share on Series C 4.30%
Non-Cumulative Perpetual Preferred Stock, with a liquidation
preference of $25,000 per share, which are represented by
depositary shares (NYSE: EQH PR C), each representing a 1/1,000th
interest in a share of preferred stock, holders of which will
receive $0.26875 per depositary share. The dividend will be payable
on June 15, 2023 to holders of record as of June 2,
2023.
About Equitable Holdings
Equitable Holdings, Inc. (NYSE: EQH) is a financial services
holding company comprised of two complementary and well-established
principal franchises, Equitable and AllianceBernstein. Founded in
1859, Equitable provides advice, protection and retirement
strategies to individuals, families and small businesses.
AllianceBernstein is a global investment management firm that
offers high-quality research and diversified investment services to
institutional investors, individuals and private wealth clients in
major world markets. Equitable Holdings has approximately 12,300
employees and financial professionals, $864 billion in assets under
management and administration (as of 3/31/2023) and more than 5
million client relationships globally.
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version on businesswire.com: https://www.businesswire.com/news/home/20230524005847/en/
Investor Relations Işıl Müderrisoğlu (212) 314-2476
IR@equitable.com
Media Relations Sophia Kim (212) 314-2010
mediarelations@equitable.com
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