EQH-A AXA Equitable Holdings ADRs of 5.25% Noncumulative Preferred, Series A
We will pay dividends on the Preferred Stock on a noncumulative basis only when, as and if declared by our board of directors. Dividends will accrue from November 27, 2019 on the liquidation amount of $25,000 per share of the Preferred Stock and be payable in arrears at an annual rate equal to 5.25% on March 15, June 15, September 15 and December 15 of each year, commencing on March 15, 2020. We may, at our option, redeem the shares of Preferred Stock (i) in whole but not in part at any time prior to December 15, 2024, within 90 days after the occurrence of a “rating agency event” at a redemption price equal to $25.50 per Depositary Share, plus any declared and unpaid dividends, without regard to any undeclared dividends, to, but excluding, the redemption date, or (ii) (a) in whole but not in part at any time prior to December 15, 2024, within 90 days after the occurrence of a “regulatory capital event,” or (b) in whole or in part, from time to time, on any dividend payment date on or after December 15, 2024, in each case, at a redemption price equal to $25 per Depositary Share, plus, in each case, any declared and unpaid dividends, without regard to any undeclared dividends, to, but excluding, the redemption date. This security was issued by AXA Equitable Holdings Inc, whose common stock symbol is EQH.
$20.24 +0.38 (1.91%)
As of 03/27/2023 12:11:31 EST IEX book CBOE book
Security Information
Category1: US Equity
Category2: Preferred stocks
Category3: Non-convertible
GICS sector: Financials
Industry: Insurance—Diversified
Index country: USA
Country of incorporation: USA
IPO date: 12/02/2019
Outstanding shares: 29,000,000
Average volume: 77,657
Market cap: $648,150,000
Current dividend yield: 5.87% calculation
Coupon rate: 5.250%
Cumulative: No
Liquidation value: $25.00
Callable after: 12/15/2024
Maturity date: n/a - perpetual
Prospectus: Read on SEC.gov
All SEC filings: SEC Edgar Online
Quarterly filings: 10-Q
Annual filings: 10-K
Sedol: BKRMRC9