MetLife Announces First Quarter 2024 Preferred Stock Dividend Actions
15 Février 2024 - 10:15PM
Business Wire
Declares Series D, E, F and G Preferred Stock
Dividends Declares Series A Preferred Stock Dividend, Subject to
Final Confirmation
MetLife, Inc. (NYSE: MET) today announced that it has declared
the following preferred stock dividends:
- Semi-annual dividend of $29.375 per share on the company’s
5.875% fixed-to-floating rate non-cumulative preferred stock,
Series D, with a liquidation preference of $1,000 per share.
- 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).
- Semi-annual dividend of $19.25 per share on the company’s 3.85%
fixed rate reset non-cumulative preferred stock, Series G, with a
liquidation preference of $1,000 per share.
- Quarterly dividend of $0.42000544 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), subject to
the final confirmation that the company has met the financial tests
specified in the certificate of designations for the Series A
preferred stock, which the company anticipates will be made and
announced on or about March 5, 2024. The New York Stock Exchange
has not yet set an ex-dividend date for the Series A preferred
stock and will set an ex-dividend date after the confirmatory
announcement.
The above dividends will be payable March 15, 2024, to
shareholders of record as of Feb. 29, 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, Japan, Latin America, Asia, 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240215123721/en/
For Media: Dave Franecki 212-578-2415
Dave.Franecki@metlife.com
For Investors: John Hall 212-578-7888
John.A.Hall@metlife.com
MetLife (NYSE:MET)
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