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) declared a quarterly cash dividend of $2.00 per share on its 8.0% Series A Cumulative Redeemable Preferred Stock. This dividend will be payable on September 15, 2021 to stockholders on record as of August 31, 2021.

Qurate Retail operates seven prominent retail brands and is a leader in video, mobile, and social commerce, reaching approximately 218 million homes globally.

Positive

• Quarterly cash dividend of $2.00 per share indicates strong commitment to shareholders.
• Company reaches approximately 218 million homes globally, showcasing robust market presence.

Negative

• None.

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, 2021 to stockholders of record of the Preferred Stock at the close of business on August 31, 2021.

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 GroupSM”). Globally, Qurate Retail Group is a world leader in video commerce, among the top 10 e-commerce retailers in North America (according to Digital Commerce 360), and a leader in mobile commerce and social commerce. The retailer reaches approximately 218 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 and green energy investments.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210817005881/en/

FAQ

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

Qurate Retail declared a dividend of $2.00 per share for its 8.0% Series A Cumulative Redeemable Preferred Stock.

When is the dividend payment date for Qurate Retail?

The dividend is payable on September 15, 2021.

Who are the stockholders eligible for the dividend?

Stockholders of record as of August 31, 2021, are eligible for the dividend.

How often does Qurate Retail pay dividends for QRTEA, QRTEB, and QRTEP?

Qurate Retail pays dividends quarterly on its preferred stock.