Equitable Holdings Declares Common and Preferred Stock Dividends

Rhea-AI Summary

Equitable Holdings, Inc. (NYSE: EQH) has declared a quarterly cash dividend of $0.18 per share, payable on December 6, 2021, to shareholders on record by November 29, 2021. Additional dividends include $328.125 per share for Series A preferred stock and $618.75 for Series B, both payable on December 15, 2021, to holders recorded by December 3, 2021. The company manages approximately $871 billion in assets and serves over 5 million clients worldwide, showcasing its strong market position.

Positive

• Declared a quarterly dividend of $0.18 per share, indicating confidence in maintaining shareholder returns.
• Strong asset management with approximately $871 billion in assets under management.
• Expanding client base with over 5 million global client relationships.

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 $0.18 per share of common stock. The dividend on the common stock will be payable December 6, 2021, to shareholders of record at the close of business on November 29, 2021.

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 December 15, 2021 to holders of record as of December 3, 2021.
• Semi-annual dividend of $618.75 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 December 15, 2021 to holders of record as of December 3, 2021.
• Quarterly dividend of $268.75 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 December 15, 2021 to holders of record as of December 3, 2021. 

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 12,000 employees and financial professionals, $871 billion in assets under management (as of 9/30/2021) and more than 5 million client relationships globally.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211118006232/en/

Investor Relations

Işıl Müderrisoğlu

(212) 314-2476

IR@equitable.com



Media Relations

Matt Asensio

(212) 314-2010

mediarelations@equitable.com

Source: EQH Investor Relations

FAQ

What is the dividend amount for EQH for December 2021?

Equitable Holdings declared a quarterly cash dividend of $0.18 per share for December 2021.

When will EQH shareholders receive their dividend?

The dividend will be payable on December 6, 2021, to shareholders of record as of November 29, 2021.

What are the dividends for preferred stockholders of EQH?

Preferred stockholders will receive $328.125 for Series A and $618.75 for Series B, both payable on December 15, 2021.

How many clients does Equitable Holdings serve globally?

Equitable Holdings serves over 5 million clients around the world.

What is the asset management figure for EQH?

As of September 30, 2021, EQH has approximately $871 billion in assets under management.