Declares Series D and Series E Preferred Stock Dividends
Declares Series A Preferred Stock Dividend, Subject to Final Confirmation
NEW YORK–(BUSINESS WIRE)–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
(NYSE: METPrE) each representing 1/1,000th interest in a share of the
preferred stock, holders of which will receive $0.3515625 per
Quarterly dividend of $0.25 per share on the company’s floating rate
non-cumulative preferred stock, Series A, with a liquidation
preference of $25 per share (NYSE: METPrA), 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, 2019. 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 15, 2019, to shareholders of
record as of Feb. 28, 2019.
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
countries and holds leading market positions in the United States,
Japan, Latin America, Asia, Europe and the Middle East. For more
information, visit www.metlife.com.
This news release may contain or refer to forward-looking statements.
Forward-looking statements give expectations or forecasts of the future
using terms such as “anticipate,” “estimate,” “expect,” “project,”
“intend,” “plan,” “believe,” “will,” and other terms tied to future
periods. Results could differ materially from those expressed or implied
in the forward-looking statements. Forward-looking statements are based
on assumptions and expectations. They involve risks and uncertainties,
including the “Risk Factors” MetLife, Inc. describes in its U.S.
Securities and Exchange Commission filings. The company has no
obligation to correct or update any forward-looking statement. Parts of
this news release may include additional information on forward-looking