Equitable Holdings' Preferred Stock, Series A Shares Cross 7% Yield Mark
In trading on Wednesday, shares of Equitable Holdings Inc's 5.25% Fixed Rate Noncumulative Perpetual Preferred Stock, Series A (Symbol: EQH.PRA) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.3125), with shares changing hands as low as $18.74
In trading on Wednesday, shares of Equitable Holdings Inc's 5.25% Fixed Rate Noncumulative Perpetual Preferred Stock, Series A (Symbol: EQH.PRA) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.3125), with shares changing hands as low as $18.74
BELLINGS Intelligence Score: 12
Why it matters
The rise of Equitable Holdings' preferred stock yield above 7% reflects market pricing and credit spread dynamics but is routine market activity without broader structural or systemic implications.