Athene Holding Ltd. Declares First Quarter 2023 Preferred Stock Dividends

Rhea-AI Summary

Athene Holding Ltd. announced a quarterly dividend declaration for its non-cumulative preference shares, payable on March 30, 2023. Holders of record as of March 15, 2023, will receive the following:

• $396.875 for Series A Preference Shares (6.35% rate)
• $351.5625 for Series B Preference Shares (5.625% rate)
• $398.4375 for Series C Preference Shares (6.375% rate)
• $304.6875 for Series D Preference Shares (4.875% rate)
• $581.25 for Series E Preference Shares (7.750% rate)

Athene's total assets reached $246 billion as of December 31, 2022, emphasizing its strong financial position.

Positive

• Declaration of significant quarterly dividends across multiple preference share series.
• Total assets of $246 billion, reflecting financial strength and stability.

Negative

• None.

HAMILTON, Bermuda, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Athene Holding Ltd. (“Athene”) announced that it has declared the following preferred stock dividends on its non-cumulative preference shares (represented by depositary shares, each representing a 1/1,000th interest in a preference share), payable on March 30, 2023 to holders of record as of March 15, 2023.

• Quarterly dividend of $396.875 per share on the company’s 6.35% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares, Series A (the “Series A Preference Shares”); holders of depositary shares will receive $0.396875 per depositary share.
• Quarterly dividend of $351.5625 per share on the company’s 5.625% Fixed Rate Perpetual Non-Cumulative Preference Shares, Series B (the “Series B Preference Shares”); holders of depositary shares will receive $0.3515625 per depositary share.
• Quarterly dividend of $398.4375 per share on the company’s 6.375% Fixed Rate Reset Perpetual Non-Cumulative Preference Shares, Series C (the “Series C Preference Shares”); holders of depositary shares will receive $0.3984375 per depositary share.
• Quarterly dividend of $304.6875 per share on the company’s 4.875% Fixed Rate Perpetual Non-Cumulative Preference Shares, Series D (the “Series D Preference Shares”); holders of depositary shares will receive $0.3046875 per depositary share.
• Quarterly dividend of $581.25 per share on the company’s 7.750% Fixed Rate Reset Perpetual Non-Cumulative Preference Shares, Series E (the “Series E Preference Shares”); holders of depositary shares will receive $0.58125 per depositary share.
  

Depositary shares for the Series A Preference Shares are listed on the New York Stock Exchange (“NYSE”) under the ticker symbol “ATHPrA,” depositary shares for the Series B Preference Shares are listed on the NYSE under the ticker symbol “ATHPrB,” depositary shares for the Series C Preference Shares are listed on the NYSE under the ticker symbol “ATHPrC,” depositary shares for the Series D Preference Shares are listed on the NYSE under the ticker symbol “ATHPrD,” and depositary shares for the Series E Preference Shares are listed on the NYSE under the ticker symbol “ATHPrE.”

About Athene
Athene, through its subsidiaries, is a leading financial services company specializing in retirement services with total assets of $246 billion as of December 31, 2022 and operations in the United States, Bermuda, and Canada. Athene specializes in helping its customers achieve financial security and is a solutions provider to institutions. Founded in 2009, Athene is Driven to Do More for our policyholders, business partners, shareholders, and the communities in which we work and live. For more information, please visit www.athene.com.

Contacts:

Investors
Alex Pelzar
+1 917 472 4186
apelzar@apollo.com

Media Contact
Kelly Woerdehoff
+1 515 342 5144
kwoerdehoff@athene.com

FAQ

What is the dividend amount for Series A, B, C, D, and E preference shares of ATH-PA, ATH?

The quarterly dividends are $396.875 for Series A, $351.5625 for Series B, $398.4375 for Series C, $304.6875 for Series D, and $581.25 for Series E.

When is the dividend payment date for Athene's preferred shares?

The dividends are payable on March 30, 2023.

What are the record dates for the preferred dividends for ATH-PA, ATH?

The record date for the dividends is March 15, 2023.

How often does Athene declare dividends for its preferred shares?

Athene declares dividends on a quarterly basis.

What is the financial position of Athene Holding Ltd. as of December 2022?

Athene Holding Ltd. reported total assets of $246 billion as of December 31, 2022.