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 announced a cash dividend of $2.00 per share for its 8.0% Series A Cumulative Redeemable Preferred Stock. This dividend is payable on March 15, 2021 to stockholders of record as of March 1, 2021. Qurate Retail operates a diverse range of digital commerce businesses, including QVC and Zulily, among others, and holds interests in renewable energy.

Positive

• Quarterly cash dividend of $2.00 per share on 8.0% Series A Cumulative Redeemable Preferred Stock.
• Demonstrates financial confidence to return capital to shareholders.

Negative

• None.

Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) today announced that an authorized committee of its Board of Directors declared a quarterly cash dividend of $2.00 per share of 8.0% Series A Cumulative Redeemable Preferred Stock (the “Preferred Stock”), payable in cash on March 15, 2021 to stockholders of record of the Preferred Stock at the close of business on March 1, 2021.

About Qurate Retail, Inc.

Qurate Retail, Inc. operates and owns interests in a broad range of digital commerce businesses. Qurate Retail, Inc.’s businesses and assets consist of QVC (and its subsidiaries, including HSN), Zulily and the Cornerstone Brands (collectively, the Qurate Retail Group) as well as various green energy and other investments.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210218006084/en/

FAQ

What is the dividend amount declared by Qurate Retail for QRTEA, QRTEB, QRTEP?

The declared dividend amount is $2.00 per share.

When is the dividend for Qurate Retail preferred stock scheduled for payment?

The dividend is payable on March 15, 2021.

Who will receive the dividend from Qurate Retail?

Stockholders of record as of March 1, 2021 will receive the dividend.

What type of stock is the dividend being paid on for Qurate Retail?

The dividend is being paid on the 8.0% Series A Cumulative Redeemable Preferred Stock.