MetLife Confirms First Quarter 2021 Series A Preferred Stock Dividend

Rhea-AI Summary

MetLife, Inc. (NYSE: MET) confirmed its previously announced dividend of $0.25 per share on its Series A floating rate non-cumulative preferred stock. This dividend is payable on March 15, 2021, to shareholders who are on record as of February 26, 2021. The ex-dividend date will be determined by the New York Stock Exchange. MetLife operates globally, offering a range of financial services including insurance and asset management.

Positive

• Dividend of $0.25 per share enhances income for shareholders.
• Confirmation of dividend indicates company confidence.

Negative

• No ex-dividend date set yet, which may cause uncertainty.

MetLife, Inc. (NYSE: MET) today announced that it has confirmed its previously announced declaration of the first quarter 2021 dividend of $0.25000000 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).

The New York Stock Exchange has not yet set an ex-dividend date for the Series A preferred stock. Following this confirmatory announcement, the New York Stock Exchange will set an ex-dividend date for the Series A preferred stock. The dividend will be payable March 15, 2021, to shareholders of record as of Friday, February 26, 2021, due to the record date occurring on Sunday, February 28, 2021.

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 its individual and institutional customers navigate their changing world. 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, 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 has no obligation to correct or update any of these statements.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210305005448/en/

FAQ

What is the dividend amount for MetLife (MET) in Q1 2021?

The dividend amount for MetLife (MET) in Q1 2021 is $0.25 per share.

When will the dividend for MetLife (MET) be payable?

The dividend for MetLife (MET) will be payable on March 15, 2021.

What is the record date for MetLife's (MET) Q1 2021 dividend?

The record date for MetLife's (MET) Q1 2021 dividend is February 26, 2021.

Is there an ex-dividend date announced for MetLife's (MET) dividend?

No, the ex-dividend date for MetLife's (MET) dividend has not yet been set by the New York Stock Exchange.