By the close of today, August 14, 2023, Equitable Hldgs EQH will issue a dividend payout of $0.22 per share, resulting in an annualized dividend yield of 3.05%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on August 04, 2023.
Equitable Hldgs Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 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 |
| 2021-03-03 | 4 | $0.17 | 2.43% | 2021-02-17 | 2021-03-04 | 2021-03-11 |
| 2020-11-20 | 4 | $0.17 | 2.75% | 2020-11-11 | 2020-11-23 | 2020-12-01 |
With a dividend yield that places it neither at the top nor the bottom, Equitable Hldgs finds itself in the middle among its industry peers, while NewtekOne NEWT boasts the highest annualized dividend yield at 9.59%.
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
From 2019 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $0.58 in 2019 to $0.78 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For Equitable Hldgs
The earnings chart above shows that from 2019 to 2022, Equitable Hldgs has experienced an increase in their earnings from $4.43 per share to $5.66 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
Recap
In this article, we explore the recent dividend payout of Equitable Hldgs and its significance for shareholders. The company has decided to distribute a dividend of $0.22 per share today, which equates to an annualized dividend yield of 3.05%.
With a dividend yield that places it neither at the top nor the bottom, Equitable Hldgs finds itself in the middle among its industry peers, while NewtekOne boasts the highest annualized dividend yield at 9.59%.
Given that Equitable Hldgs has experienced an increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
Keeping a vigilant eye on the company's performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.
\To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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