Equitable Holdings Boosts Dividend 12.5%, to 27 Cents

Dow Jones

May 22

By Connor Hart

Equitable Holdings raised its dividend to 27 cents a share, adding three cents a share to the payout.

The financial services company behind Equitable, AllianceBernstein and Equitable Advisors said Wednesday that the higher dividend will be paid June 9 to shareholders of record as of June 2.

On an annualized basis, the new dividend payout is $1.08 a share and represents a yield of about 2.1% based on Wednesday's closing price of $51.84.

This time a year ago, the New York-based company raised its quarterly dividend by two cents to 24 cents a share.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

May 21, 2025 17:06 ET (21:06 GMT)

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