Summary
MetLife Inc. (MET) filed an 8-K on February 18, 2011, to announce the declaration of first-quarter 2011 dividends for its preferred stock. Specifically, dividends were declared for the floating rate non-cumulative preferred stock, Series A, and the 6.50% non-cumulative preferred stock, Series B. This announcement is crucial for preferred stockholders as it confirms their expected dividend payments for the upcoming quarter.
Key Highlights
- 1Declaration of Q1 2011 dividends for MetLife's preferred stock.
- 2Dividends declared for Series A (floating rate non-cumulative preferred stock).
- 3Dividends declared for Series B (6.50% non-cumulative preferred stock).
- 4Dividend amounts are $0.2500000 per share for Series A and $0.4062500 per share for Series B.
- 5Dividend declaration is subject to final confirmation of meeting specific financial tests for both preferred stock series.
- 6The press release announcing these dividends is filed as Exhibit 99.1.