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

Rhea-AI Summary

Qurate Retail, Inc. declares a regular quarterly cash dividend of $2.00 per share for its 8.0% Series A Cumulative Redeemable Preferred Stock, payable on March 15, 2024, to stockholders of record as of February 29, 2024.

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 March 15, 2024 to stockholders of record of the Preferred Stock at the close of business on February 29, 2024.

About Qurate Retail, Inc.

Qurate Retail, Inc. is a Fortune 500 company comprised of six leading retail brands – QVC^®, HSN^®, 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.

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Qurate Retail, Inc.

Shane Kleinstein, 720-875-5432

Source: Qurate Retail, Inc.

FAQ

What type of stock is the dividend declared for by Qurate Retail, Inc.?

The dividend declared by Qurate Retail, Inc. is for its 8.0% Series A Cumulative Redeemable Preferred Stock.

What is the amount of the quarterly cash dividend per share declared by Qurate Retail, Inc.?

The quarterly cash dividend declared by Qurate Retail, Inc. is $2.00 per share.

When will the quarterly cash dividend be payable to stockholders by Qurate Retail, Inc.?

The quarterly cash dividend will be payable on March 15, 2024.

When is the record date for stockholders to receive the quarterly cash dividend from Qurate Retail, Inc.?

Stockholders of record as of February 29, 2024, will receive the quarterly cash dividend.