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 of common stock, payable on March 7, 2022, to shareholders on record as of February 28, 2022. Additionally, the company announced dividends for its preferred stock series: $328.125 on Series A and $268.75 on Series C, both payable on March 15, 2022, to record holders as of March 4, 2022. Equitable has approximately $908 billion in assets under management, underscoring its strong financial position.

Positive

• Quarterly cash dividend of $0.18 per share signifies ongoing shareholder returns.
• Strong asset management with approximately $908 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 $0.18 per share of common stock. The dividend on the common stock will be payable March 7, 2022, to shareholders of record at the close of business on February 28, 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 March 15, 2022 to holders of record as of March 4, 2022.

• 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 March 15, 2022 to holders of record as of March 4, 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 12,200 employees and financial professionals, $908 billion in assets under management (as of 12/31/2021) and more than 5 million client relationships globally.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220216006026/en/

Investor Relations

Işıl Müderrisoğlu

(212) 314-2476

IR@equitable.com

Media Relations

Matt Asensio

(212) 314-2010

mediarelations@equitable.com

Source: Equitable Holdings, Inc.

FAQ

When is the next dividend payment for EQH?

The next dividend payment for EQH is scheduled for March 7, 2022.

What is the amount of the recent dividend declared by Equitable Holdings?

Equitable Holdings declared a quarterly cash dividend of $0.18 per share of common stock.

Who qualifies for the dividend payout from Equitable Holdings?

Shareholders on record as of February 28, 2022, qualify for the dividend payout.

What are the details of preferred stock dividends for EQH?

Preferred stock dividends include $328.125 for Series A and $268.75 for Series C, payable on March 15, 2022.

What is the record date for Series A and Series C dividends?

The record date for Series A and Series C dividends is March 4, 2022.