Bread Financial Sets $0.539 Series A Dividend for Dec. 15 Payment

On Oct. 22, Bread Financial Holdings, Inc. set the fourth-quarter distribution on each Series A depositary share at $0.539, with payment due Dec. 15. Investors listed in the company’s records when business closes Nov. 30 qualify for the payout.

Bread Financial’s Series A preferred issue carries a fixed annual dividend rate of 8.625% and is perpetual and non-cumulative. Its dividends are payable quarterly in arrears when declared by the board. Forty depositary shares represent an interest in one underlying preferred share, which carries a quarterly distribution of $21.56. BFH PrA is the New York Stock Exchange symbol for the Series A depositary shares.

The latest Series A amount matches the distribution declared for the third quarter. Bread Financial also declared $0.55475 for each Series B depositary share and $0.25 for each common share. Both additional dividends are scheduled for Dec. 15, with eligibility determined by the Nov. 30 record date.