AXA Equitable Holdings Inc (NYSE:EQH) declared a quarterly dividend on Thursday, August 8th, NASDAQ reports. Stockholders of record on Thursday, August 22nd will be paid a dividend of 0.15 per share on Thursday, August 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date is Wednesday, August 21st.
EQH stock opened at $20.53 on Tuesday. The business has a fifty day moving average price of $21.57 and a 200 day moving average price of $20.96. AXA Equitable has a fifty-two week low of $14.72 and a fifty-two week high of $23.21. The stock has a market capitalization of $9.94 billion, a price-to-earnings ratio of 5.28, a P/E/G ratio of 0.62 and a beta of 1.33.
AXA Equitable (NYSE:EQH) last released its quarterly earnings results on Thursday, August 8th. The company reported $1.14 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.03 by $0.11. The business had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.22 billion. During the same period in the prior year, the business earned $0.90 earnings per share. The company’s revenue for the quarter was up 6.7% on a year-over-year basis. As a group, equities research analysts forecast that AXA Equitable will post 4.23 earnings per share for the current year.
In other news, major shareholder Axa sold 6,000,000 shares of AXA Equitable stock in a transaction on Monday, July 8th. The stock was sold at an average price of $20.85, for a total value of $125,100,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Mark Pearson bought 49,000 shares of the stock in a transaction dated Thursday, June 27th. The stock was purchased at an average cost of $20.34 per share, with a total value of $996,660.00. The disclosure for this purchase can be found here. 0.16% of the stock is currently owned by company insiders.
About AXA Equitable
AXA Equitable Holdings, Inc operates as a diversified financial services company worldwide. It operates through four segments: Individual Retirement, Group Retirement, Investment Management and Research, and Protection Solutions. The Individual Retirement segment offers a suite of variable annuity products primarily to affluent and high net worth individuals.
Further Reading: Equity Income
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