Athene Holding Ltd. Announces Preferred Stock Dividends for Q3
Athene Holding Ltd. has made a significant announcement regarding its preferred stock dividends, which reflects the company's ongoing commitment to providing value to its investors. The company's board of directors declared dividends on its non-cumulative preferred stock, ensuring investors are rewarded appropriately. This announcement, made in early August, comes as a positive signal for stakeholders and potential investors alike.
Details on Preferred Stock Dividends
These dividends are set to be paid on September 30 to all holders on record as of September 15. Here are the specifics regarding each series:
Series A Preferred Stock
The quarterly dividend for the Series A Preferred Stock, which offers a 6.35% Fixed-to-Floating Rate, amounts to $396.875 per share. For holders of depositary shares, this translates to $0.396875.
Series B Preferred Stock
Meanwhile, for the Series B Preferred Stock, featuring a 5.625% fixed rate, the quarterly dividend is set at $351.5625 per share. Investors will receive $0.3515625 per depositary share, reinforcing the appeal of this investment option.
Series D Preferred Stock
In addition, the Series D Preferred Stock, which has a fixed rate of 4.875%, will pay out a quarterly dividend of $304.6875 per share, equating to $0.3046875 per depositary share.
Series E Preferred Stock
Lastly, the Series E Preferred Stock, with a 7.750% Fixed-Rate Reset, will see a quarterly dividend of $484.375 per share. For depositary share holders, this will result in a payment of $0.484375.
Market Performance and Expectations
All depositary shares correspond to their respective preferred stocks and are publicly traded on the New York Stock Exchange under various ticker symbols. Specifically, the ticker symbols are “ATHPrA” for Series A, “ATHPrB” for Series B, “ATHPrD” for Series D, and “ATHPrE” for Series E. This widespread availability on the market allows for enhanced liquidity for investors, reflecting the robustness of Athene’s offerings.
About Athene Holding Ltd.
Athene is recognized as a prominent player in the retirement services sector, with total assets exceeding $380 billion. The company operates across several markets including the United States, Bermuda, Canada, and Japan, demonstrating a strong international presence. Athene aims to provide financial security through a comprehensive suite of retirement income and savings products, while also serving corporate clients with tailored solutions.
Contact Information
For any inquiries, investors may reach out directly to Jeanne Hess, VP of External Relations, at +1 646 768 7319 or via email at jeanne.hess@athene.com. Her expertise will provide insights into Athene's strategic direction and investor relations.
Frequently Asked Questions
What are the dividend amounts declared by Athene for Q3?
Athene has declared dividends ranging from $304.6875 to $484.375 per share across its various preferred stock series.
When will the dividends be paid to shareholders?
The dividends are scheduled to be paid on September 30 to holders on record as of September 15.
What ticker symbols are associated with Athene's preferred stocks?
The preferred stocks are traded under the ticker symbols ATHPrA, ATHPrB, ATHPrD, and ATHPrE on the NYSE.
How does Athene ensure financial security for its clients?
Athene focuses on providing financial security through an array of retirement income and savings products tailored to individual and corporate needs.
Who can I contact for more information about Athene's offerings?
For more detailed inquiries, you can contact Jeanne Hess, VP of External Relations, at +1 646 768 7319 or email jeanne.hess@athene.com.
