Summary
MetLife, Inc. (MET) filed an 8-K report on March 5, 2015, primarily to confirm its previously declared first quarter 2015 dividends. The report details the dividend amounts for two series of preferred stock: Series A, a floating rate non-cumulative preferred stock, and Series B, a 6.50% non-cumulative preferred stock. For investors, this filing serves as a confirmation of expected income distributions. The dividend on Series A preferred stock is set at $0.2500000 per share, while the dividend on Series B preferred stock is $0.4062500 per share. This confirmation is important for preferred stockholders as it provides certainty regarding their upcoming dividend payments for the first quarter of 2015.
Key Highlights
- 1Confirmation of Q1 2015 dividend declaration by MetLife, Inc. (MET).
- 2Dividend of $0.2500000 per share declared for Floating Rate Non-Cumulative Preferred Stock, Series A.
- 3Dividend of $0.4062500 per share declared for 6.50% Non-Cumulative Preferred Stock, Series B.
- 4The filing is an 8-K Current Report, indicating a material event.
- 5The information is consistent with previously announced dividend plans.
- 6The event date reported is March 4, 2015, with the filing date March 5, 2015.