Summary
MetLife, Inc. (MET) filed an 8-K on November 15, 2018, primarily to announce the declaration of dividends on its preferred stock. This filing is important for investors holding or considering investment in MetLife's preferred stock. The company declared a quarterly dividend of $0.25277777 per share for Series A floating rate non-cumulative preferred stock. Additionally, a semi-annual dividend of $26.25 per share was declared for Series C 5.250% fixed-to-floating rate non-cumulative preferred stock. Finally, a quarterly dividend of $351.5625 per share (or $0.3515625 per depositary share) was declared for Series E 5.625% non-cumulative preferred stock.
Key Highlights
- 1Declaration of quarterly dividend for MetLife's Series A preferred stock ($0.25277777 per share).
- 2Declaration of semi-annual dividend for MetLife's Series C preferred stock ($26.25 per share).
- 3Declaration of quarterly dividend for MetLife's Series E preferred stock ($351.5625 per share or $0.3515625 per depositary share).
- 4All declared dividends are for non-cumulative preferred stock.
- 5The filing was made on November 15, 2018, with an event date of November 14, 2018.
- 6The announcement was made via a news release, which is attached as an exhibit.