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.