MetLife Announces First Quarter 2025 Preferred Stock Dividend Actions
February 18 2025 - 3:15PM
Business Wire
Declares Series D, E, F and G Preferred Stock
Dividends Declares Series A Preferred Stock Dividend, Subject to
Final Confirmation
MetLife, Inc. (NYSE: MET) today announced that it has declared
the following preferred stock dividends:
- Semi-annual dividend of $29.375 per share on the company’s
5.875% fixed-to-floating rate non-cumulative preferred stock,
Series D, 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).
- Semi-annual dividend of $19.250 per share on the company’s
3.850% fixed rate reset non-cumulative preferred stock, Series G,
with a liquidation preference of $1,000 per share.
- Quarterly dividend of $0.35516415 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), subject to
the final confirmation that the company has met the financial tests
specified in the certificate of designations for the Series A
preferred stock, which the company anticipates will be made and
announced on or about March 5, 2025. The New York Stock Exchange
has not yet set an ex-dividend date for the Series A preferred
stock and will set an ex-dividend date after the confirmatory
announcement.
The above dividends will be payable March 17, 2025, to
shareholders of record as of Feb. 28, 2025 (including Series A, due
to the Series A record date occurring on Sunday, March 2,
2025).
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20250218893387/en/
For Media: Dave Franecki 973-264-7465
Dave.Franecki@metlife.com
For Investors: John Hall 212-578-7888
John.A.Hall@metlife.com
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