Qurate Retail, Inc. Declares Quarterly Cash Dividend on 8.0% Series A Cumulative Redeemable Preferred Stock

Rhea-AI Summary

Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) has declared a quarterly cash dividend of $2.00 per share on its 8.0% Series A Cumulative Redeemable Preferred Stock. This dividend is payable on September 15, 2022, to stockholders of record as of August 31, 2022. Qurate Retail is a Fortune 500 company operating multiple retail brands and is a leader in video commerce, reaching over 200 million homes globally.

Positive

• Quarterly cash dividend of $2.00 per share provides income to shareholders.
• Strong dividend payment reflects confidence in financial stability.

Negative

• None.

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) today announced that an authorized committee of its Board of Directors declared the regular quarterly cash dividend payable to holders of its 8.0% Series A Cumulative Redeemable Preferred Stock (the “Preferred Stock”). The per share amount of the quarterly cash dividend will be $2.00, payable in cash on September 15, 2022 to stockholders of record of the Preferred Stock at the close of business on August 31, 2022.

About Qurate Retail, Inc.

Qurate Retail, Inc. is a Fortune 500 company comprised of seven leading retail brands – QVC®, HSN®, Zulily®, Ballard Designs®, Frontgate®, Garnet Hill®, and Grandin Road® (collectively, “Qurate Retail Group℠”). Qurate Retail Group is the largest player in video commerce (“vCommerce”), which includes video-driven shopping across linear TV, ecommerce sites, digital streaming and social platforms. The retailer reaches more than 200 million homes worldwide via 14 television networks and reaches millions more via multiple streaming services, social pages, mobile apps, websites, print catalogs, and in-store destinations. Qurate Retail, Inc. also holds various minority interests.

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Qurate Retail, Inc.

Courtnee Chun, 720-875-5420

Source: Qurate Retail, Inc.

FAQ

What is the dividend amount declared by Qurate Retail?

The dividend amount declared is $2.00 per share.

When is the dividend payment date for Qurate Retail?

The dividend payment date is September 15, 2022.

Who is eligible to receive the dividend from Qurate Retail?

Stockholders of record as of August 31, 2022, are eligible to receive the dividend.

How often does Qurate Retail pay dividends?

Qurate Retail pays dividends on a quarterly basis.

What is Qurate Retail's stock symbol?

Qurate Retail's stock symbols are QRTEA, QRTEB, QRTEP.