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News

Equitable Hldgs Continues Support to Investors while Adjusting Profits, Adapting to Market Pressures

Author: Benzinga Insights | March 04, 2024 11:05am

At the end of today, March 04, 2024, Equitable Hldgs (NYSE:EQH) will distribute a dividend payout of $0.22 per share, translating to an annualized dividend yield of 2.66%. Shareholders who held the stock before the ex-dividend date on February 23, 2024 will benefit from this payout.

Equitable Hldgs Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2024-02-23 4 $0.22 2.66% 2024-02-14 2024-02-26 2024-03-04
2023-11-24 4 $0.22 3.16% 2023-11-15 2023-11-27 2023-12-04
2023-08-04 4 $0.22 3.05% 2023-07-28 2023-08-07 2023-08-14
2023-06-02 4 $0.22 3.49% 2023-05-24 2023-06-05 2023-06-12
2023-02-24 4 $0.2 2.43% 2023-02-15 2023-02-27 2023-03-06
2022-11-25 4 $0.2 2.61% 2022-11-17 2022-11-28 2022-12-05
2022-08-05 4 $0.2 2.89% 2022-07-29 2022-08-08 2022-08-15
2022-05-26 4 $0.2 2.88% 2022-05-19 2022-05-30 2022-06-06
2022-02-25 4 $0.18 2.08% 2022-02-16 2022-02-28 2022-03-07
2021-11-26 4 $0.18 2.16% 2021-11-18 2021-11-29 2021-12-06
2021-08-12 4 $0.18 2.33% 2021-08-02 2021-08-13 2021-08-20
2021-05-27 4 $0.18 2.14% 2021-05-20 2021-05-31 2021-06-07

Equitable Hldgs's dividend yield falls in the middle range when compared to its industry peers, with NewtekOne (NASDAQ:NEWT) having the highest annualized dividend yield at 6.37%.

Analyzing Equitable Hldgs Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

YoY Growth in Dividend Per Share

dividend chart graph

Investors witnessed an upward trajectory in the company's dividend per share between 2020 and 2023. The dividend per share rose from $0.66 to $0.86, indicating the company's dedication to enhancing shareholder value through increased dividends.

YoY Earnings Growth For Equitable Hldgs

earning chart graph

The earnings chart above reveals a decrease in Equitable Hldgs's earnings per share, declining from $4.69 in 2020 to $4.64 in 2023. This could raise concerns for income-seeking investors, as it suggests a decline in the company's profitability. It is crucial to closely monitor the situation and assess the factors contributing to this decrease, as it may have implications for future cash dividend payouts.

Recap

In this article, we delve into Equitable Hldgs's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.22 per share today, resulting in an annualized dividend yield of 2.66%.

Equitable Hldgs's dividend yield falls in the middle range when compared to its industry peers, with NewtekOne having the highest annualized dividend yield at 6.37%.

Considering the increase in dividend per share from 2020 to 2023 alongside a decrease in earnings per share, Equitable Hldgs appears to be focusing on maintaining dividend payments even with a decline in profitability.

To stay well-informed about potential changes in financials or dividend disbursements, investors should closely observe the company's performance in the upcoming quarters.

\To read more news on Equitable Hldgs click here

Click here to visit our Dividends Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: EQH NEWT

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