Summary
MetLife Inc. filed an 8-K report on November 15, 2017, primarily to announce the declaration of dividends on its preferred stock. This filing is important for investors holding MetLife's Series A and Series C preferred stock, as it details the upcoming dividend payments. The company declared a quarterly dividend of $0.25277777 per share for its Series A floating rate non-cumulative preferred stock and a semi-annual dividend of $26.25 per share for its Series C 5.250% fixed-to-floating rate non-cumulative preferred stock. While this 8-K does not contain significant operational updates or financial performance metrics, it serves as formal notification for these dividend distributions. Investors interested in MetLife's income-generating securities should note these declared amounts and their payment frequencies. The attached exhibit provides the full text of the news release detailing these dividend declarations.
Key Highlights
- 1MetLife announced dividend declarations for two series of preferred stock.
- 2Quarterly dividend declared for Series A floating rate non-cumulative preferred stock: $0.25277777 per share.
- 3Semi-annual dividend declared for Series C 5.250% fixed-to-floating rate non-cumulative preferred stock: $26.25 per share.
- 4The filing includes a news release as Exhibit 99.1, detailing the dividend announcements.
- 5This 8-K focuses specifically on preferred stock dividend declarations, with no other material business events or financial updates reported.
- 6The event date for these declarations was November 14, 2017, with the filing date being November 15, 2017.