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

Rhea-AI Summary

Qurate Retail, Inc. has announced a regular quarterly cash dividend of $2.00 per share on its 8.0% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on December 15, 2022, to stockholders of record by the close of business on November 30, 2022. Qurate Retail is a major player in video commerce, owning brands like QVC and HSN, and reaching over 200 million homes worldwide. The firm primarily engages in video-driven shopping across multiple platforms.

Positive

• Quarterly cash dividend of $2.00 per share for Preferred Stock.
• Dividend payment date set for December 15, 2022.
• Extensive reach with over 200 million homes globally.

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 December 15, 2022 to stockholders of record of the Preferred Stock at the close of business on November 30, 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^SM”). 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 channels, which are widely available on cable/satellite TV, free over-the-air TV, and digital livestreaming TV. The retailer also reaches millions of customers via its QVC+ and HSN+ streaming experience, websites, mobile apps, social pages, print catalogs, and in-store destinations. Qurate Retail, Inc. also holds various minority interests.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221112005073/en/

Qurate Retail, Inc.

Courtnee Chun, 720-875-5420

Source: Qurate Retail, Inc.

FAQ

What is the dividend amount for Qurate Retail, Inc. (QRTEA, QRTEB, QRTEP)?

The dividend amount is $2.00 per share.

When is the upcoming dividend payment date for Qurate Retail, Inc. (QRTEA, QRTEB, QRTEP)?

The upcoming dividend payment date is December 15, 2022.

What is the record date for the dividend payment for Qurate Retail, Inc. (QRTEA, QRTEB, QRTEP)?

The record date for the dividend payment is November 30, 2022.

How often does Qurate Retail, Inc. pay dividends?

Qurate Retail, Inc. pays dividends on a quarterly basis.

Is the dividend from Qurate Retail, Inc. sustainable?

The sustainability of the dividend depends on the company's financial performance and cash reserves.