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MetLife Declares Fourth Quarter 2020 Preferred Stock Dividends

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MetLife, Inc. (NYSE: MET) has declared several preferred stock dividends, effective December 15, 2020, for shareholders of record as of November 30, 2020. The dividends include:

  • $0.25277777 per share for Series A preferred stock.
  • $9.66971055 per share for Series C preferred stock.
  • $351.5625 per share for Series E preferred stock.
  • $296.875 per share for Series F preferred stock.

These offerings reinforce MetLife's commitment to returning value to shareholders.

Positive
  • Declaration of multiple preferred stock dividends emphasizes shareholder value.
  • Quarterly dividends showcase a steady cash flow position for the company.
Negative
  • None.

NEW YORK--()--MetLife, Inc. (NYSE: MET) today announced that it has declared the following preferred stock dividends:

  • Quarterly dividend of $0.25277777 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).
  • Quarterly dividend of $9.66971055 per share on the company’s 5.250% fixed-to-floating rate non-cumulative preferred stock, Series C, with a liquidation preference of $1,000 per share.
  • Quarterly dividend of $351.5625 per share on the company’s 5.625% non-cumulative preferred stock, Series E, with a liquidation preference of $25,000 per share, represented by depositary shares each representing 1/1,000th interest in a share of the preferred stock, holders of which will receive $0.3515625 per depositary share (NYSE: MET PRE).
  • Quarterly dividend of $296.875 per share on the company’s 4.75% non-cumulative preferred stock, Series F, with a liquidation preference of $25,000 per share, represented by depositary shares each representing 1/1,000th interest in a share of the preferred stock, holders of which will receive $0.296875 per depositary share (NYSE: MET PRF).

The above dividends will be payable on Dec. 15, 2020, to shareholders of record as of Nov. 30, 2020.

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.

Contacts

For Media:
Meredith Hyland
(212) 578-9415
Meredith.Hyland@metlife.com

For Investors:
John Hall
(212) 578-7888
John.A.Hall@metlife.com

FAQ

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

The dividend for MetLife's Series A preferred stock is $0.25277777 per share.

When will MetLife's preferred stock dividends be paid?

The dividends will be payable on December 15, 2020.

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

The record date for MetLife's preferred stock dividends is November 30, 2020.

What are the other dividend amounts declared by MetLife?

Other dividends declared include $9.66971055 per share for Series C, $351.5625 for Series E, and $296.875 for Series F preferred stock.

How does MetLife's dividend declaration impact shareholders?

The dividend declaration positively impacts shareholders by providing a return on their investment.

MetLife, Inc.

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