MetLife Declares Second Quarter 2024 Preferred Stock Dividends - Insurance News | InsuranceNewsNet

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May 15, 2024 Newswires
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MetLife Declares Second Quarter 2024 Preferred Stock Dividends

Business Wire

NEW YORK--(BUSINESS WIRE)--
MetLife, Inc. (NYSE: MET) today announced that it has declared the following preferred stock dividends:

  • Quarterly dividend of $0.43023800 per share on the company’s floating rate non-cumulative preferred stock, Series A, with a liquidation preference of $25 per share (NYSE: MET PRA).

  • Quarterly dividend of $351.5625 per share on the company’s 5.625% non-cumulative preferred stock, Series E, with a liquidation preference of $25,000 per share, represented by depositary shares each representing 1/1,000th interest in a share of the preferred stock, holders of which will receive $0.3515625 per depositary share (NYSE: MET PRE).

  • Quarterly dividend of $296.875 per share on the company’s 4.75% non-cumulative preferred stock, Series F, with a liquidation preference of $25,000 per share, represented by depositary shares each representing 1/1,000th interest in a share of the preferred stock, holders of which will receive $0.296875 per depositary share (NYSE: MET PRF).

The above dividends will be payable June 17, 2024, to shareholders of record as of May 31, 2024.

About MetLife

MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help individual and institutional customers build a more confident future. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Asia, Latin America, Europe and the Middle East. For more information, visit www.metlife.com.

Forward-Looking Statements

The forward-looking statements in this news release, using words such as “will,” are based on assumptions and expectations that involve risks and uncertainties, including the “Risk Factors” MetLife, Inc. describes in its U.S. Securities and Exchange Commission filings. MetLife’s future results could differ, and it does not undertake any obligation to publicly correct or update any of these statements.

src="https://cts.businesswire.com/ct/CT?id=bwnewssty=20240515950090r1sid=acqr8distro=nxlang=en" style="width:0;height:0" />

View source version on businesswire.com: https://www.businesswire.com/news/home/20240515950090/en/

For Media:
Dave Franecki
973-264-7465

[email protected]

For Investors:
John Hall
212-578-7888

[email protected]

Source: MetLife, Inc.

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