MetLife Confirms First Quarter 2023 Series A Preferred Stock Dividend

Rhea-AI Summary

MetLife, Inc. (NYSE: MET) has confirmed its previously announced dividend of $0.36056250 per share on its floating rate non-cumulative preferred stock, Series A, with a liquidation preference of $25 per share (NYSE: MET PRA). The dividend is payable on March 15, 2023, to shareholders recorded as of February 28, 2023. The ex-dividend date will be set by the New York Stock Exchange following this announcement.

MetLife is a leading financial services company, providing a range of insurance and asset management services globally.

Positive

• Confirmed dividend of $0.36056250 per share indicates company confidence.
• Dividend payable on March 15, 2023, enhances shareholder income.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- MetLife, Inc. (NYSE: MET) today announced that it has confirmed its previously announced declaration of the first quarter 2023 dividend of $0.36056250 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, 2023, to shareholders of record as of Feb. 28, 2023.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230306005499/en/

For Media:

Brian Blaser

212-578-2415

BBlaser@metlife.com

For Investors:

John Hall

212-578-7888

John.A.Hall@metlife.com

Source: MetLife, Inc.

FAQ

What is the dividend for MetLife's preferred stock (MET PRA)?

The dividend is confirmed at $0.36056250 per share.

When is the dividend payment date for MET PRA?

The dividend will be payable on March 15, 2023.

What is the record date for MetLife's preferred stock dividend?

The record date is February 28, 2023.

When will the ex-dividend date be set for MET PRA?

The New York Stock Exchange will set the ex-dividend date following this announcement.