01—Abstract
Summary
Summary of the 8-K filed March 5, 2025. Cited figures are marked; the original filing is the authoritative source.
MetLife, Inc. (NYSE: MET) filed this Form 8-K on March 5, 2025, under Item 8.01 (Other Events) to confirm its previously announced first quarter 2025 dividend of $0.35516415a per share on its floating rate non-cumulative preferred stock, Series A (NYSE: MET PRA), which has a $25 liquidation preference per share.
The filing is a confirmatory announcement rather than a new capital action, and it does not change MetLife's financial results, guidance, or capital plans. Key dates for holders are as follows. The record date was February 28, 2025, which fell on a Sunday, March 2, 2025 in the release, and the dividend is payable March 17, 2025.
As of the release, the NYSE had not yet set an ex-dividend date for the Series A preferred, and it was expected to do so following the confirmation. Investors should note that the record date and ex-dividend timing determine eligibility, so holders who wish to receive the payment should confirm the exchange's ex-dividend schedule. For investors, the filing is primarily administrative.
It is relevant mainly to holders of the MET PRA preferred shares, and it reflects routine compliance with disclosure practices for a previously declared distribution. It contains no new material financial information about MetLife's operations, earnings, or balance sheet.
02—Key points
Key Highlights
- MetLife confirmed a first quarter 2025 dividend of $0.35516415 per share on its floating rate non-cumulative preferred stock, Series A (NYSE: MET PRA).
- The preferred stock has a $25 per share liquidation preference.
- Record date was February 28, 2025, which fell on a Sunday, so the effective record date was March 2, 2025.
- The dividend is payable March 17, 2025.
- As of the release, the NYSE had not yet set an ex-dividend date; it was to be set following the confirmation.
- The filing is a confirmatory announcement of a previously declared dividend and does not contain new financial results or guidance.
- The filing was made under Item 8.01 (Other Events) and attaches the news release as Exhibit 99.1.
03—Questions
Frequently Asked Questions
What is the dividend amount and to whom does it apply?
The dividend is $0.35516415 per share on MetLife's floating rate non-cumulative preferred stock, Series A, which trades on the NYSE under the symbol MET PRA. It applies to holders of this preferred series, not common stock holders.
When is the dividend payable and who receives it?
The dividend is payable March 17, 2025, to shareholders of record as of February 28, 2025. Because that date fell on a Sunday, the record date effectively moved to March 2, 2025, per the release.
Does this filing change MetLife's financial outlook?
No. The filing is a confirmatory announcement of a dividend that was previously declared. It does not include new earnings, guidance, or changes to capital allocation plans.
Why hasn't an ex-dividend date been set yet?
According to the release, the NYSE had not yet set an ex-dividend date at the time of the announcement. The exchange was expected to set the date following MetLife's confirmation, so investors should check the NYSE or their broker for the current ex-dividend date.
04—Continue