Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Equitable Holdings, Inc. (EQH) is a U.S.-based financial services holding company operating primarily in the insurance, retirement, asset management, and wealth management industries. The company provides long-term financial products and services designed to help individuals and institutions manage retirement, investment, and protection needs. Its primary revenue drivers include retirement annuities, life insurance premiums, asset management fees, and advisory and wealth management fees.
The company serves individual retail customers, retirement plan participants, high-net-worth individuals, and institutional clients, primarily through its insurance and asset management platforms. Equitable’s strategic positioning emphasizes scale in retirement services, long-duration capital, and diversified asset management through its majority stake in AllianceBernstein Holding L.P. The company traces its roots back to 1859 through its principal insurance subsidiary, evolving from a traditional life insurer into a diversified financial services organization. Equitable Holdings, Inc. became a publicly traded company in 2018 following its separation from AXA Group.
Business Operations
Equitable operates through several major business segments that collectively generate revenue from premiums, policy fees, net investment income, and asset-based fees. Its primary segments include Individual Retirement, Group Retirement, Protection Solutions, Asset Management, and Wealth Management. The Asset Management segment is largely conducted through AllianceBernstein Holding L.P., which provides global investment management services to institutional and retail clients.
The company conducts business predominantly in the United States, with international exposure primarily through AllianceBernstein Holding L.P., which manages assets for clients globally. Equitable controls significant general account investment assets, employs proprietary underwriting and risk management capabilities, and maintains distribution through financial advisors, retirement plan sponsors, and institutional channels. Key subsidiaries include Equitable Financial Life Insurance Company, Equitable Financial Life Insurance Company of America, and Equitable Advisors, LLC.
Strategic Position & Investments
Equitable’s strategic direction focuses on capital-efficient growth, expansion of fee-based earnings, and disciplined risk management. The company prioritizes growth in retirement and wealth management, optimization of its insurance balance sheet, and returning capital to shareholders through dividends and share repurchases. A central pillar of its strategy is maintaining and leveraging its controlling ownership interest in AllianceBernstein Holding L.P. as a global asset management platform.
Major strategic actions in recent years include reinsurance transactions to reduce capital intensity, investments in technology to enhance advisor productivity, and continued alignment of insurance and asset management capabilities. Equitable is also involved in private market investments, including alternative credit and private equity strategies, primarily through its asset management operations. Data inconclusive based on available public sources regarding material new acquisitions beyond disclosed reinsurance and portfolio optimization activities.
Geographic Footprint
Equitable Holdings, Inc. is headquartered in New York, United States, and its primary insurance and retirement operations are concentrated in the United States. The company has a nationwide distribution footprint through financial advisors and institutional relationships serving clients across all major U.S. regions.
Internationally, Equitable’s presence is primarily driven by AllianceBernstein Holding L.P., which operates offices and investment teams across North America, Europe, Asia-Pacific, and Latin America. While Equitable itself does not operate large-scale international insurance businesses, its global investment reach provides exposure to international markets and clients.
Leadership & Governance
Equitable is led by an experienced executive team with a stated focus on disciplined capital management, risk-adjusted returns, and long-term shareholder value. The leadership philosophy emphasizes financial strength, transparency, and alignment between insurance and asset management operations.
Key executives include:
- Mark Pearson – President and Chief Executive Officer
- Chris Armstrong – Chief Financial Officer
- Nick Lane – Chief Operating Officer
- Ralph J. LaRossa – Executive Vice President and Head of Individual Retirement and Wealth Management
- Scott White – Chief Risk Officer