Equitable Holdings Declares Common and Preferred Stock Dividends

Rhea-AI Summary

Equitable Holdings, Inc. (NYSE: EQH) has declared a $0.20 quarterly cash dividend per share of common stock, payable on August 15, 2022, to shareholders of record by August 8, 2022. Additionally, the company announced dividends for Series A and Series C Non-Cumulative Perpetual Preferred Stock at $328.125 and $268.750 per share, respectively, both payable on September 15, 2022. These payments reflect the company's commitment to rewarding shareholders amidst its ongoing financial services operations.

Positive

• Declaration of a $0.20 quarterly dividend per share, signaling confidence in ongoing profitability.
• Strong presence in financial services with approximately $856 billion in assets under management.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Equitable Holdings, Inc. (the “Company”) (NYSE: EQH) announced today that its Board of Directors has declared a quarterly cash dividend of $0.20 per share of common stock. The dividend on the common stock will be payable August 15, 2022, to shareholders of record at the close of business on August 8, 2022.

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 September 15, 2022 to holders of record as of September 2, 2022.
• 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 September 15, 2022 to holders of record as of September 2, 2022.

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 12,100 employees and financial professionals, $856 billion in assets under management (as of 3/31/2022) and more than 5 million client relationships globally.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220729005366/en/

Investor Relations

Işıl Müderrisoğlu

(212) 314-2476

IR@equitable.com



Media Relations

Todd Williamson

(212) 314-2010

mediarelations@equitable.com

Source: EQH Investor Relations

FAQ

What is the dividend amount for EQH in August 2022?

Equitable Holdings declared a dividend of $0.20 per share of common stock, payable on August 15, 2022.

When will the next preferred stock dividends be paid for EQH?

Dividends on Series A and Series C preferred stock will be payable on September 15, 2022.

Who are the shareholders of record for EQH's August 2022 dividend?

Shareholders of record for the common stock must be on record by August 8, 2022, to receive the dividend.

What are the dividends declared for Series A and Series C preferred stock?

The dividend for Series A is $328.125 per share, and for Series C, it is $268.750 per share.