Athene Holding Ltd. Declares Second Quarter 2022 Preferred Stock Dividends

Rhea-AI Summary

Athene Holding Ltd. announced preferred stock dividends for its non-cumulative preference shares, payable on June 30, 2022, to holders of record as of June 15, 2022. The quarterly dividends are as follows: $396.875 per share for Series A, $351.5625 for Series B, $398.4375 for Series C, and $304.6875 for Series D. These amounts correspond to $0.396875, $0.3515625, $0.3984375, and $0.3046875 per depositary share, respectively. Athene specializes in retirement services and reported total assets of $246.1 billion as of March 31, 2022.

Positive

• Quarterly dividend payments enhance income for shareholders.
• Total assets reported at $246.1 billion indicate financial stability.

Negative

• None.

HAMILTON, Bermuda, June 01, 2022 (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 June 30, 2022 to holders of record as of June 15, 2022.

• 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.

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,” and depositary shares for the Series D Preference Shares are listed on the NYSE under the ticker symbol “ATHPrD.”

About Athene
Athene, through its subsidiaries, is a leading financial services company specializing in retirement services with total assets of $246.1 billion as of March 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, 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 are the preferred stock dividends declared by Athene for June 2022?

Athene declared quarterly dividends of $396.875 for Series A, $351.5625 for Series B, $398.4375 for Series C, and $304.6875 for Series D.

When will the dividends for Athene's preferred stock be paid?

Dividends will be paid on June 30, 2022, to holders of record as of June 15, 2022.

What is the dividend per depositary share for Athene's Series A Preference Shares?

The dividend per depositary share for Athene's Series A Preference Shares is $0.396875.

What is the significance of the dividends declared by Athene?

The declared dividends provide income to shareholders and reflect Athene's commitment to returning value.

How does Athene's total assets impact investor confidence?

Athene's total assets of $246.1 billion suggest a strong financial position, which can positively influence investor confidence.