Welcome to our dedicated page for Equitable Holdings news (Ticker: EQH), a resource for investors and traders seeking the latest updates and insights on Equitable Holdings stock.
Equitable Holdings, Inc. reports developments across retirement, asset management and wealth management businesses conducted through Equitable, AllianceBernstein and Equitable Advisors. Company news commonly covers operating results, segment performance, assets under management and administration, retirement and protection strategies, investment management services, and advisory relationships with individual, institutional and private wealth clients.
Recurring updates also include capital actions such as common and preferred stock dividends, share repurchase authorizations and debt transactions. Equitable also publishes research on financial planning, retirement readiness, wealth transfer and advisor-client needs, reflecting the company's focus on retirement planning, wealth management, protection and risk management services.
Equitable Holdings (NYSE: EQH), a leading financial services company, announced that its CEO, Mark Pearson, and CFO, Robin Raju, will participate in a fireside chat at the 2024 Morgan Stanley US Financials, Payments, and CRE Conference. The event is scheduled for Monday, June 10, 2024, at 9:30 a.m. ET. A live audio webcast of the session will be available on Equitable Holdings' Investor Relations website. Participants are advised to log on at least 15 minutes prior to the event for any necessary software installation. A replay will be accessible on the same website after the live session.
Equitable Holdings (NYSE: EQH) has appointed Peter Tian as Group Treasurer, effective June 3, 2024. Reporting to CFO Robin M. Raju, Tian will join the Operating Committee. His responsibilities include managing banking relationships, capital and liquidity management, and overseeing hedging programs and third-party debt. Tian succeeds Julia Zhang, now Chief Risk Officer. Erik Bass, Head of Investor Relations, will handle ratings agency relationships. Tian, who joined Equitable in 2019, brings over a decade of industry experience, previously leading product and in-force management for Individual Retirement. He holds a degree in Biomedical Engineering from Yale University.
Equitable Holdings (NYSE: EQH) has declared a quarterly cash dividend of $0.24 per share of common stock, marking a 9% increase over the previous quarter. The dividend is payable on June 10, 2024, to shareholders of record as of June 3, 2024.
Additionally, the company’s board has declared several dividends for preferred stocks. For Series A 5.25% Non-Cumulative Perpetual Preferred Stock, a quarterly dividend of $328.125 per share (or $0.328125 per depositary share) is payable on June 17, 2024, to holders of record on June 4, 2024.
For Series B 4.95% Non-Cumulative Perpetual Preferred Stock, a semi-annual dividend of $618.750 per share (or $24.75 per depositary share) is payable on June 17, 2024, to holders of record on June 4, 2024.
For Series C 4.30% Non-Cumulative Perpetual Preferred Stock, a quarterly dividend of $268.750 per share (or $0.26875 per depositary share) is payable on June 17, 2024, to holders of record on June 4, 2024.
Equitable Holdings, Inc. reported strong Q1'24 results with Non-GAAP operating earnings up 49% to $1.43 per share. Net inflows of $1.5 billion and positive Asset Management active net inflows of $3.7 billion. Shareholders received $326 million, meeting the 60-70% payout ratio target. Equitable is well-positioned for growth in Retirement, Asset Management, and Wealth Management businesses.
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