Athene Holding Ltd. Declares Fourth Quarter Preferred Stock Dividends
Athene Holding Ltd. has announced its latest preferred stock dividends on several series of its non-cumulative preferred stock. These dividends are set for payment to the holders of record by the end of the current financial year. Understanding these dividends can provide insights into the company's ongoing commitment to its shareholders and overall financial health.
Details of Preferred Stock Dividends
The declared preferred stock dividends showcase significant amounts for different series. These dividends are structured as follows:
Series A Preferred Stock
The quarterly dividend for the 6.35% Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Stock, Series A, is set at $396.875 per share. Those holding depositary shares will receive $0.396875 for each share held.
Series B Preferred Stock
For the 5.625% Fixed-Rate Perpetual Non-Cumulative Preferred Stock, Series B, the dividend is $351.5625 per share, translating to $0.3515625 per depositary share for shareholders.
Series D Preferred Stock
Shareholders of the Series D Preferred Stock will earn a quarterly dividend of $304.6875 per share, or $0.3046875 per depositary share.
Series E Preferred Stock
The dividend for the 7.750% Fixed-Rate Reset Perpetual Non-Cumulative Preferred Stock, Series E, amounts to $484.375 per share, leading to payments of $0.484375 for each depositary share held.
Market Performance and Ticker Symbols
The depositary shares for these preferred stocks are officially listed on the New York Stock Exchange (NYSE). Here are the ticker symbols for each series:
- Series A: ATHPrA
- Series B: ATHPrB
- Series D: ATHPrD
- Series E: ATHPrE
In addition, the common stock of Athene Holding Ltd. is traded under the ticker symbol ATH. This accessibility on the exchange allows investors to readily assess their investment portfolio and participate in the offerings actively.
About Athene Holding Ltd.
Athene Holding Ltd. operates as a prominent retirement services provider, managing assets exceeding $400 billion. The company's commitment to financial security is evident through its diverse range of retirement income and savings products. Furthermore, Athene also supports corporate clients by delivering tailored solutions.
The firm has established operations across countries, demonstrating its expansive reach and capability in the financial services landscape. Athene's focus remains on creating security and stability for individuals and institutions alike as they navigate their financial futures.
Contact Information
If you have further inquiries, you can reach out to:
Jeanne Hess
VP, External Relations
+1 646 768 7319
Email: jeanne.hess@athene.com
Frequently Asked Questions
What are the declared preferred stock dividends for Athene?
Athene has declared dividends for four series of preferred stock, with amounts ranging from about $304.69 to $484.38.
When will these dividends be paid out?
The dividends are scheduled for payment on December 30 of the current year to holders of record as of December 15.
What does the term 'non-cumulative' mean?
Non-cumulative means that if a dividend is not declared in a particular period, it does not accumulate, and shareholders do not have a claim on unpaid dividends.
How can I invest in Athene's preferred stock?
You can purchase Athene's preferred stock through your brokerage account using the respective ticker symbols for each series available on the NYSE.
What is Athene's overall market asset value?
Athene manages total assets exceeding $400 billion, reflecting its strong position in the financial services market.
