Equitable Holdings Declares Common and Preferred Stock Dividends
26 Juli 2024 - 10:15PM
Business Wire
Equitable Holdings, Inc. (NYSE: EQH), the leading financial
services holding company of Equitable, AllianceBernstein and
Equitable Advisors, announced today that its Board of Directors has
declared a quarterly cash dividend of $0.24 per share of common
stock. The dividend on the common stock will be payable August 13,
2024, to shareholders of record at the close of business on August
6, 2024.
The Company’s board also declared the following cash
dividends:
- Quarterly dividend of $328.125 per share on Series A 5.25%
Non-Cumulative Perpetual Preferred Stock, with a liquidation
preference of $25,000 per share, which are represented by
depositary shares (NYSE: EQH PR A), each representing a 1/1,000th
interest in a share of preferred stock, holders of which will
receive $0.328125 per depositary share. The dividend will be
payable on September 16, 2024 to holders of record as of September
4, 2024.
- Quarterly dividend of $268.750 per share on Series C 4.30%
Non-Cumulative Perpetual Preferred Stock, with a liquidation
preference of $25,000 per share, which are represented by
depositary shares (NYSE: EQH PR C), each representing a 1/1,000th
interest in a share of preferred stock, holders of which will
receive $0.26875 per depositary share. The dividend will be payable
on September 16, 2024 to holders of record as of September 4,
2024.
About Equitable Holdings
Equitable Holdings, Inc. (NYSE: EQH) is a leading financial
services holding company comprised of complementary and
well-established businesses, Equitable, AllianceBernstein and
Equitable Advisors. Equitable Holdings has $974 billion in assets
under management and administration (as of 3/31/2024) and more than
5 million client relationships globally. Founded in 1859, Equitable
provides retirement and protection strategies to individuals,
families and small businesses. AllianceBernstein is a global
investment management firm that offers diversified investment
services to institutional investors, individuals and private wealth
clients. Equitable Advisors, LLC (Equitable Financial Advisors in
MI and TN) has 4,300 duly registered and licensed financial
professionals that provide financial planning, wealth management,
retirement planning, protection and risk management services to
clients across the country.
Reference to the 1859 founding applies specifically and
exclusively to Equitable Financial Life Insurance Company (NY,
NY).
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version on businesswire.com: https://www.businesswire.com/news/home/20240726442154/en/
Investor Relations Erik Bass (212) 314-2476
IR@equitable.com
Media Relations Sophia Kim (212) 314-2010
mediarelations@equitable.com
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