MetLife Confirms First Quarter 2022 Series A Preferred Stock Dividend

Rhea-AI Summary

MetLife, Inc. (NYSE: MET) has confirmed its Q1 2022 dividend of $0.25 per share on its floating rate non-cumulative preferred stock, Series A, which has a liquidation preference of $25 per share (NYSE: MET PRA). The New York Stock Exchange will announce the ex-dividend date shortly. The payment is scheduled for March 15, 2022, to shareholders on record by February 28, 2022.

Positive

• Dividend of $0.25 per share shows commitment to shareholder returns.

Negative

• Ex-dividend date not yet established, which may create uncertainty for investors.

NEW YORK--(BUSINESS WIRE)-- MetLife, Inc. (NYSE: MET) today announced that it has confirmed its previously announced declaration of the first quarter 2022 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, 2022, to shareholders of record as of Feb. 28, 2022.

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, 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/20220307005654/en/

For Media:

Meredith Hyland

212-578-9415

Meredith.Hyland@metlife.com



For Investors:

John Hall

212-578-7888

John.A.Hall@metlife.com

Source: MetLife, Inc.

FAQ

What is the dividend amount for MetLife's preferred stock?

MetLife's dividend amount for the Series A preferred stock is $0.25 per share.

When will MetLife's dividend be paid?

The dividend will be paid on March 15, 2022.

What is the ex-dividend date for MetLife's Series A preferred stock?

The ex-dividend date has not yet been set by the New York Stock Exchange.

Who is eligible for the dividend payment from MetLife?

Shareholders of record as of February 28, 2022, are eligible for the dividend payment.