Summary
MetLife, Inc. (MET) filed an 8-K on May 15, 2019, primarily to announce the declaration of several preferred stock dividends. This filing is focused on returning capital to shareholders through regular dividend payments. Investors should note that these announcements relate specifically to preferred stock and not common stock dividends, which are typically disclosed separately. The company is demonstrating its commitment to its preferred shareholders by ensuring timely and consistent dividend distributions.
Key Highlights
- 1MetLife, Inc. declared dividends on three series of preferred stock on May 14, 2019.
- 2Series A floating rate non-cumulative preferred stock will receive a quarterly dividend of $0.26111111 per share.
- 3Series C 5.250% fixed-to-floating rate non-cumulative preferred stock will receive a semi-annual dividend of $26.25 per share.
- 4Series E 5.625% non-cumulative preferred stock will receive a quarterly dividend of $351.5625 per share (or $0.3515625 per depositary share).
- 5The announcement was made via a news release attached as an exhibit to the 8-K.
- 6This filing focuses solely on preferred stock dividend declarations.
Frequently Asked Questions
No, this 8-K filing specifically details the declaration of dividends for MetLife's preferred stock (Series A, Series C, and Series E). It does not mention any dividends for common stock. Investors should refer to separate announcements for common stock dividend information.
The declared dividends are for MetLife's non-cumulative preferred stock. These dividends are fixed for Series C and E, with Series A being a floating rate preferred stock. The frequency of payment varies from quarterly to semi-annual depending on the series.
The dividends were declared on May 14, 2019, and announced in a news release issued on May 15, 2019.
The full details are provided in the news release from MetLife, Inc. dated May 15, 2019, which is included as Exhibit 99.1 to this 8-K filing.