Summary
MetLife, Inc. (MET) filed an 8-K on March 5, 2014, to report on the declaration of its first quarter 2014 dividends. The filing confirms that the company will pay a dividend of $0.2500000 per share on its floating rate non-cumulative preferred stock, Series A, and $0.4062500 per share on its 6.50% non-cumulative preferred stock, Series B. This information is crucial for investors holding these specific preferred stock series as it provides concrete details on expected income distributions for the first quarter of 2014. While this filing does not contain significant financial performance updates or strategic changes, it directly addresses the company's commitment to returning capital to its preferred shareholders, a key consideration for income-focused investors.
Key Highlights
- 1MetLife, Inc. confirmed its first quarter 2014 dividend declarations.
- 2Series A floating rate non-cumulative preferred stock dividend: $0.2500000 per share.
- 3Series B 6.50% non-cumulative preferred stock dividend: $0.4062500 per share.
- 4The dividend declaration pertains to preferred stock only.
- 5This 8-K filing is primarily a notification of dividend payments.
- 6The news release confirming these dividends is attached as Exhibit 99.1.