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

Rhea-AI Summary

Qurate Retail (Nasdaq: QRTEA) has declared a regular quarterly cash dividend for holders of its 8.0% Series A Cumulative Redeemable Preferred Stock. Shareholders will receive $2.00 per share, payable on December 16, 2024, with a record date of December 2, 2024. Qurate Retail Group, a Fortune 500 company, operates six retail brands including QVC and HSN, reaching over 200 million homes worldwide through 15 television channels and various digital platforms.

Positive

• Regular quarterly dividend payment of $2.00 per share maintained
• Wide market reach across 200 million homes through 15 TV channels
• Diverse retail portfolio with six major brands

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 16, 2024 to stockholders of record of the Preferred Stock at the close of business on December 2, 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 15 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/20241119416616/en/

Qurate Retail, Inc.

Shane Kleinstein, 720-875-5432

Source: Qurate Retail, Inc.

FAQ

When is Qurate Retail (QRTEA) paying its next preferred stock dividend?

Qurate Retail will pay its next preferred stock dividend of $2.00 per share on December 16, 2024.

What is the record date for Qurate Retail's (QRTEA) Q4 2024 preferred dividend?

The record date for Qurate Retail's preferred stock dividend is December 2, 2024.

How much is Qurate Retail's (QRTEA) preferred stock dividend payment?

Qurate Retail's Series A Cumulative Redeemable Preferred Stock pays a quarterly dividend of $2.00 per share.

What is the annual dividend yield for Qurate Retail's (QRTEA) preferred stock?

The preferred stock has an 8.0% annual dividend rate, paid quarterly at $2.00 per share.