Equitable Holdings Declares Common and Preferred Stock Dividends

Rhea-AI Summary

Equitable Holdings, Inc. (NYSE: EQH) announced a quarterly cash dividend of $0.17 per share, payable on March 11, 2021, to shareholders of record as of March 4, 2021. Additionally, the Board declared a quarterly dividend of $328.125 on Series A Non-Cumulative Perpetual Preferred Stock, payable on March 15, 2021, and another of $200.069 on Series C Non-Cumulative Perpetual Preferred Stock, also payable on March 15, 2021. These dividends reflect the company's commitment to return value to its shareholders.

Positive

• Quarterly cash dividend of $0.17 per share enhances shareholder returns.
• Strong dividend payments on preferred shares demonstrate continued financial health.

Negative

• None.

Equitable Holdings, Inc. (the “Company”) (NYSE: EQH) announced today that its Board of Directors has declared a quarterly cash dividend of $0.17 per share of common stock. The dividend on the common stock will be payable March 11, 2021 to shareholders of record at the close of business on March 4, 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 March 15, 2021 to holders of record as of March 5, 2021.

• Quarterly dividend of $200.069 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 $0.200069 per depositary share. The dividend will be payable on March 15, 2021 to holders of record as of March 5, 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, $746 billion in assets under management (as of 9/30/2020) and more than 5 million client relationships globally.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210217005841/en/

FAQ

What is the dividend amount for Equitable Holdings (EQH)?

Equitable Holdings (NYSE: EQH) declared a quarterly cash dividend of $0.17 per share.

When will the dividend be paid to EQH shareholders?

The dividend will be payable on March 11, 2021, to shareholders of record as of March 4, 2021.

What are the details of the preferred stock dividends for EQH?

The quarterly dividends for preferred stocks are $328.125 for Series A and $200.069 for Series C, payable on March 15, 2021.

Who is eligible for the dividend payout from EQH?

Shareholders of record as of March 4, 2021, for the common stock and March 5, 2021, for preferred stocks are eligible.