Qurate Retail Group, Inc. (QRTEA) Declares $1.50 Special Dividend; Announces Commencement of Share Buyback Program

November 20, 2020 8:08 AM EST

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Qurate Retail Group, Inc. (NASDAQ: QRTEA) declared a special dividend of $1.50 per share.

The dividend will be payable on December 7, 2020, to stockholders of record on November 30, 2020, with an ex-dividend date of November 27, 2020.

The annual yield on the dividend is 17 percent.

  • Additionally, Qurate Retail’s Board of Directors announced the commencement of its buyback program for Qurate Retail’s Series A common stock. The outstanding repurchase authorization for Qurate Retail is approximately $497 million. The specific timing and amount of actual future share repurchases will vary based on market conditions, securities law limitations and other factors. The repurchases will be made using Qurate Retail’s cash and cash equivalents, and the buyback program may be suspended or discontinued at any time without prior notice.

For a dividend history and other dividend-related data on Qurate Retail Group, Inc. (QRTEA) click here.

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