Jackson Announces Fourth Quarter 2022 Cash Dividend of $0.55 Per Share

Rhea-AI Summary

Jackson Financial Inc. (NYSE: JXN) has declared a quarterly cash dividend of $0.55 per share for Q4 2022. This dividend is scheduled for payment on December 15, 2022, to shareholders on record as of December 1, 2022. Jackson aims to simplify retirement planning with a range of annuity products while maintaining a long-term focus on all stakeholders.

Positive

• Quarterly cash dividend of $0.55 per share enhances shareholder income.
• Payment date set for December 15, 2022, providing timely returns to investors.

Negative

• None.

LANSING, Mich.--(BUSINESS WIRE)-- Jackson Financial Inc.¹ (NYSE: JXN) (Jackson®) announced its Board of Directors has declared a quarterly cash dividend of $0.55 per share of common stock for the fourth quarter of 2022. The dividend is payable on December 15, 2022, to shareholders of record at the close of business on December 1, 2022.

ABOUT JACKSON

Jackson® (NYSE: JXN) is committed to helping clarify the complexity of retirement planning—for financial professionals and their clients. Through our range of annuity products, financial know-how, history of award-winning service* and streamlined experiences, we strive to reduce the confusion that complicates retirement planning. We take a balanced, long-term approach to responsibly serving all our stakeholders, including customers, shareholders, distribution partners, employees, regulators and community partners. We believe by providing clarity for all today, we can help drive better outcomes for tomorrow. For more information, visit www.jackson.com.

Visit investors.jackson.com to view information regarding Jackson Financial Inc. We use this website as a primary channel for disclosing key information to our investors, some of which may contain material previously non-public information.

*SQM (Service Quality Measurement Group) Contact Center Awards Program for 2004 and 2006-2021, for the financial services industry. (To achieve world-class certification, 80% or more of call-center customers surveyed must have rated their experience as very satisfied, the highest rating possible).

Jackson® is the marketing name for Jackson Financial Inc., Jackson National Life Insurance Company® (Home Office: Lansing, Michigan) and Jackson National Life Insurance Company of New York® (Home Office: Purchase, New York).

SAFE HARBOR STATEMENT

This press release may contain certain statements that constitute “forward-looking statements.” Forward-looking statements generally may be identified by their use of terms including “anticipate,” “estimate,” “believe,” “expect,” “could,” “forecast,” “may,” “intend,” “plan,” “predict,” “project,” “will,” or “would,” and similar terms and phrases, including references to assumptions. Forward-looking statements are not guarantees of future performance, are subject to assumptions, and are inherently susceptible to risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from such statements. Reference is made to our Annual Report on Form 10-K and other reports filed with the U.S. Securities and Exchange Commission for a discussion of risks and uncertainties that we face and that could affect our forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, targets, strategies, future events or performance, and underlying assumptions. There can be no assurance that management’s expectations, beliefs or projections will result or be achieved or accomplished. Any forward-looking statements reflect Jackson’s views and assumptions as of the date of this press release and Jackson disclaims any obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

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¹Jackson Financial Inc. is a U.S. holding company and the direct parent of Jackson Holdings LLC (JHLLC). The wholly-owned direct and indirect subsidiaries of JHLLC include Jackson National Life Insurance Company, Brooke Life Insurance Company, PPM America, Inc. and Jackson National Asset Management, LLC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221109005834/en/

Media Contact:

Patrick Rich

patrick.rich@jackson.com

Investor Relations Contact:

Andrew Campbell

andrew.campbell@jackson.com

Source: Jackson Financial Inc.

FAQ

What is the dividend amount declared by Jackson Financial Inc. for Q4 2022?

Jackson Financial Inc. has declared a dividend of $0.55 per share for Q4 2022.

When is the dividend payable for Jackson Financial Inc.?

The dividend is payable on December 15, 2022.

What is the record date for the dividend from Jackson Financial Inc.?

The record date for the dividend is December 1, 2022.

How does the dividend declaration affect JXN stock?

The dividend declaration may positively influence shareholder sentiment and provide income.

Is the dividend sustainable for Jackson Financial Inc.?

The press release does not provide details on the sustainability of the dividend.