MetLife Declares Preferred Stock Dividends

By Bobby Samwell • Friday, August 16 15:23 • Permanent Link

Metlife, Inc. (NYSE: MET) has declared its preferred stock dividends for the third quarter of 2024. The company announced the following dividends:

Quarterly dividend of $0.41713578 per share on the company’s floating rate non-cumulative preferred stock, Series A
Semi-annual dividend of $29.375 per share on the company’s 5.875% fixed-to-floating rate non-cumulative preferred stock, Series D
Quarterly dividend of $351.5625 per share on the company’s 5.625% non-cumulative preferred stock, Series E
Quarterly dividend of $296.875 per share on the company’s 4.75% non-cumulative preferred stock, Series F
Semi-annual dividend of $19.250 per share on the company’s 3.850% fixed rate reset non-cumulative preferred stock, Series G

These dividends will be payable on September 16, 2024, to shareholders of record as of Friday, August 30, 2024.

Compared to the previous period, the dividends for the preferred stocks have either remained the same or changed. For example, the dividend for the floating rate non-cumulative preferred stock, Series A, has remained unchanged. On the other hand, the dividend for the 5.875% fixed-to-floating rate non-cumulative preferred stock, Series D, has changed since the last period. Similarly, the dividends for the non-cumulative preferred stocks Series E, F, and G have also either remained the same or changed compared to the previous period. Following these announcements, the company's shares moved 1.4%, and are now trading at a price of $72.72. For the full picture, make sure to review MetLife's 8-K report.

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