MetLife Increases Common Stock Dividend by 4.8% - Insurance News | InsuranceNewsNet

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April 23, 2024 Newswires
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MetLife Increases Common Stock Dividend by 4.8%

Business Wire

NEW YORK--(BUSINESS WIRE)--
MetLife, Inc. (NYSE: MET) today announced that its board of directors has declared a second quarter 2024 common stock dividend of $0.545 per share, an increase of 4.8% from the first quarter common stock dividend of $0.52 per share. MetLife has increased its common stock quarterly dividend at an 8.7% compound annual growth rate since 2011.

The dividend will be payable on June 11, 2024, to shareholders of record as of May 7, 2024.

“We are pleased to increase our common dividend per share by 4.8%, which attests to our balanced approach to capital deployment focused on growing our business and returning capital to our shareholders to drive long-term value,” said MetLife President and CEO Michel Khalaf.

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=20240423644781r1sid=acqr8distro=nxlang=en" style="width:0;height:0" />

View source version on businesswire.com: https://www.businesswire.com/news/home/20240423644781/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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