Equitable Holdings Increases Common Stock Dividend and Declares Preferred Stock Dividends | Business

NEW YORK – (BUSINESS WIRE) – May 20, 2021 –

Equitable Holdings, Inc. (the “Company”) (NYSE: EQH) today announced that its board of directors has declared a quarterly cash dividend of $ 0.18 per common share, an increase of 6% per report to the previous quarter. The dividend on the common shares will be payable on June 7, 2021 to shareholders of record at the close of business on May 31, 2021.

The board of directors of the company also declared the following cash dividends:

  • Quarterly dividend of $ 328.125 per share on the 5.25% Perpetual Non-Cumulative Dividend Preferred Shares Series A, with a liquidation preference of $ 25,000 per share, which are represented by Custodian Shares (NYSE: EQH PR A) , each representing a 1 / 1,000th interest in a preferred share, the holders of which will receive $ 0.328125 per custodian share. The dividend will be payable on June 15, 2021 to holders of record as of June 4, 2021.
  • Semi-annual dividend of $ 618,750 per share on the 4.95% non-cumulative perpetual preferred shares Series B, with a liquidation preference of $ 25,000 per share, which are represented by custodian shares, each representing a 1/25 interest in a preferred share, the holders of which will receive $ 24.75 per depositary share. The dividend will be payable on June 15, 2021 to holders of record as of June 4, 2021.
  • Quarterly dividend of $ 268,750 per share on the 4.30% non-cumulative perpetual preferred shares Series C, with a liquidation preference of $ 25,000 per share, which are represented by custodian shares (NYSE: EQH PR C) , each representing a 1/1000 interest in a preferred share, the holders of which will receive $ 0.26875 per depositary share. The dividend will be payable on June 15, 2021 to holders of record as of June 4, 2021.

About Equitable Holdings

Equitable Holdings, Inc. (NYSE: EQH) is a financial services holding company comprised of two complementary and well-established primary franchises, Equitable and AllianceBernstein. Founded in 1859, Equitable offers advice, protection and retirement strategies to individuals, families and small businesses. AllianceBernstein is a global investment management firm providing high quality research and diversified investment services to institutional investors, individuals and private clients in major global markets. Equitable Holdings has approximately 12,000 employees and financial professionals, $ 822 billion in assets under management (as of 3/31/2021) and more than 5 million client relationships worldwide.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210520006043/en/

CONTACT: Investor Relations

Işıl Müderrisoğlu

(212) 314-2476

[email protected]

Media relations

Matt Asensio

(212) 314-2010

[email protected]

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: FINANCIAL ADVICE INSURANCE FOR PROFESSIONAL BANKING SERVICES

SOURCE: EQH Investor Relations

Copyright Business Wire 2021.

PUB: 05/20/2021 4:16 PM / DISC: 05/20/2021 4:17 PM

http://www.businesswire.com/news/home/20210520006043/en

Copyright Business Wire 2021.


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