Equitable Holdings Declares Common and Preferred Stock Dividends
NEW YORK--(BUSINESS WIRE)--Equitable Holdings, Inc. (the “Company”) (NYSE: EQH) announced today that its Board of Directors has declared a quarterly cash dividend of
The Company’s board also declared the following cash dividends:
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Quarterly dividend of
$328.12 5 per share on Series A5.25% 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$0.32 8125 per depositary share. The dividend will be payable on December 15, 2020 to holders of record as of December 4, 2020.
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Quarterly dividend of
$426.25 0 per share on Series B4.95% Non-Cumulative Perpetual Preferred Stock, with a liquidation preference of$25,000 per share, which are represented by depositary shares, each representing a 1/25th interest in a share of preferred stock, holders of which will receive$17.05 per depositary share. The dividend will be payable on December 15, 2020 to holders of record as of December 4, 2020.
ABOUT EQUITABLE HOLDINGS
Equitable Holdings, Inc. (NYSE: EQH) is a financial services holding company comprised of two complementary and well-established principal franchises, Equitable and AllianceBernstein. Founded in 1859, Equitable provides advice, protection and retirement strategies to individuals, families and small businesses. AllianceBernstein is a global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals and private wealth clients in major world markets. Equitable Holdings has approximately 12,000 employees and financial professionals,