MetLife Declares Fourth Quarter 2024 Common Stock Dividend

Rhea-AI Summary

MetLife, Inc. (NYSE: MET) has announced that its board of directors has declared a fourth quarter 2024 common stock dividend of $0.545 per share. The dividend will be payable on Dec. 16, 2024, to shareholders of record as of Nov. 5, 2024.

MetLife is one of the world's leading financial services companies, providing insurance, annuities, employee benefits, and asset management. Founded in 1868, the company operates in more than 40 markets globally and holds leading positions in the United States, Asia, Latin America, Europe, and the Middle East.

Positive

• Consistent dividend payment to shareholders
• Global presence in over 40 markets
• Leading positions in multiple regions

Negative

• None.

Insights

Financial Analyst

MetLife's declaration of a $0.545 per share dividend for Q4 2024 maintains its consistent dividend policy. This 0.545% quarterly yield (based on current share price) translates to an annual yield of about 2.18%, which is in line with industry standards for large insurance companies. The stability in dividend payout signals management's confidence in the company's financial health and cash flow generation capabilities.

While dividend announcements are generally positive, this particular news is expected and doesn't significantly impact MetLife's valuation or investor sentiment. It's worth noting that MetLife's global presence and diversified portfolio across insurance, annuities and asset management provide a solid foundation for maintaining this dividend policy. Investors should view this as a continuation of MetLife's commitment to shareholder returns rather than a catalyst for major stock movement.

NEW YORK--(BUSINESS WIRE)-- MetLife, Inc. (NYSE: MET) today announced that its board of directors has declared a fourth quarter 2024 common stock dividend of $0.545 per share. The dividend will be payable on Dec. 16, 2024, to shareholders of record as of Nov. 5, 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, Asia, Latin America, 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/20241008409852/en/

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 MetLife's dividend amount for Q4 2024?

MetLife's dividend for the fourth quarter of 2024 is $0.545 per share.

When will MetLife (MET) pay its Q4 2024 dividend?

MetLife will pay its fourth quarter 2024 dividend on December 16, 2024.

What is the record date for MetLife's Q4 2024 dividend?

The record date for MetLife's fourth quarter 2024 dividend is November 5, 2024.

In how many markets does MetLife (MET) operate?

MetLife operates in more than 40 markets globally.