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MetLife Declares First Quarter 2024 Common Stock Dividend

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MetLife, Inc. (MET) Declares First Quarter 2024 Common Stock Dividend of $0.52 per share
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Insights

The declaration of a dividend by MetLife, Inc. indicates a distribution of earnings to shareholders, reflecting the company's current financial health and confidence in its cash flow stability. Dividends are a crucial component of shareholder returns and can influence the attractiveness of a stock in income-focused investment strategies. The amount of $0.52 per share should be evaluated against the company's payout ratio, historical dividend trends and yield to understand its sustainability and competitiveness in the insurance sector. Investors often view regular dividends as a sign of a company's maturity and reliability, which can bolster investor sentiment and potentially impact the stock's market performance.

From a market perspective, MetLife's dividend announcement can serve as a bellwether for the broader insurance industry's profitability and market conditions. Analysts and investors may compare this dividend declaration to those of peers to gauge sector performance. It's also important to consider macroeconomic factors such as interest rate movements and regulatory changes, which can significantly impact insurance companies' investment income and, consequently, their ability to maintain or increase dividends. The timing of the dividend, set for the first quarter of 2024, allows stakeholders to factor this into their forecasts and investment decisions.

Dividend policies can be reflective of broader economic conditions. In this case, the declaration of a dividend by MetLife, Inc. suggests a stable economic environment where the company feels confident in its ability to generate sufficient earnings. An economist might analyze this decision in the context of current economic indicators, such as GDP growth, unemployment rates and consumer confidence, to provide a holistic view of the potential economic underpinnings influencing MetLife's performance. Additionally, the dividend payout must be considered in light of inflationary pressures, as real returns to shareholders are affected by the purchasing power of the dividend received.

NEW YORK--(BUSINESS WIRE)-- MetLife, Inc. (NYSE: MET) today announced that its board of directors has declared a first quarter 2024 common stock dividend of $0.52 per share. The dividend will be payable on March 14, 2024, to shareholders of record as of Feb. 6, 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.

For Media:

Dave Franecki

973-264-7465

Dave.Franecki@metlife.com

For Investors:

John Hall

212-578-7888

John.A.Hall@metlife.com

Source: MetLife, Inc.

FAQ

What is the dividend amount declared by MetLife, Inc. for the first quarter of 2024?

MetLife, Inc. has declared a first quarter 2024 common stock dividend of $0.52 per share.

When will the dividend be payable to shareholders?

The dividend will be payable on March 14, 2024.

What is the record date for shareholders to receive the dividend?

The record date for shareholders to receive the dividend is Feb. 6, 2024.

MetLife, Inc.

NYSE:MET

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Insurance - Life
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United States of America
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