Equitable Holdings Declares Common and Preferred Stock Dividends

Rhea-AI Summary

Equitable Holdings, Inc. (NYSE: EQH) has declared a quarterly cash dividend of $0.20 per share of common stock, payable on March 6, 2023, to shareholders recorded by February 27, 2023. Additionally, the company will distribute dividends on its preferred stocks: $328.125 per share for Series A and $268.750 per share for Series C, both payable on March 15, 2023, to holders recorded by March 3, 2023. As of December 31, 2022, Equitable manages approximately $754 billion in assets with over 5 million client relationships worldwide.

Positive

• Declaration of a quarterly common stock dividend of $0.20 per share, enhancing shareholder returns.
• Stable dividends on preferred stocks, signaling financial health and commitment to shareholder value.

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 March 6, 2023, to shareholders of record at the close of business on February 27, 2023.

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, 2023 to holders of record as of March 3, 2023.

• 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 March 15, 2023 to holders of record as of March 3, 2023.

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 12,400 employees and financial professionals, $754 billion in assets under management (as of 12/31/2022) and more than 5 million client relationships globally.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230215005736/en/

Investor Relations

Işıl Müderrisoğlu

(212) 314-2476

IR@equitable.com

Media Relations

Sophia Kim

(212) 314-2010

mediarelations@equitable.com

Source: EQH Investor Relations

FAQ

What is the dividend amount for Equitable Holdings (EQH) in March 2023?

Equitable Holdings (EQH) has declared a quarterly cash dividend of $0.20 per share for common stock, payable on March 6, 2023.

When will the preferred stock dividends be paid for EQH?

The preferred stock dividends for EQH will be paid on March 15, 2023, to shareholders of record on March 3, 2023.

What are the amounts for Equitable Holdings' preferred stock dividends?

The preferred stock dividends are $328.125 per share for Series A and $268.750 per share for Series C.

How many client relationships does Equitable Holdings (EQH) have?

Equitable Holdings (EQH) has over 5 million client relationships globally.

What is the total asset management value of Equitable Holdings as of December 31, 2022?

As of December 31, 2022, Equitable Holdings manages approximately $754 billion in assets.