Item 7.01. Regulation FD Disclosure.
On November 20, 2020, Qurate Retail, Inc. (the "Company") announced that its
Board of Directors declared a special cash dividend in the amount of $1.50 per
common share, for an aggregate dividend of approximately $626 million, payable
in cash on December 7, 2020 to stockholders of record of the Company's Series A
and Series B common stock at the close of business on November 30, 2020.
The Company also announced today that its Board of Directors declared a
quarterly cash dividend of $2.01643836 per share of 8.0% Series A Cumulative
Redeemable Preferred Stock (the "Preferred Stock"), payable in cash on December
15, 2020, to stockholders of record of the Preferred Stock at the close of
business on November 30, 2020.
Nasdaq has informed the Company that the ex-dividend date for each of the
special cash dividend on the common stock and the quarterly dividend on the
Preferred Stock will be November 27, 2020.
This Current Report on Form 8-K and the press release attached hereto as Exhibit
99.1 are being furnished to the Securities and Exchange Commission under Item
7.01 of Form 8-K in satisfaction of the public disclosure requirements of
Regulation FD and shall not be deemed "filed" for any purpose.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
99.1 Press Release, dated November 20, 2020.
104 Cover Page Interactive Data File (formatted as Inline XBRL and
contained in Exhibit 101)
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