NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that its Board of Directors has declared a second quarter 2020 common stock dividend of $0.46 per share, an increase of 4.5 percent from the first quarter common stock dividend of $0.44 per share.
The dividend will be payable on June 12, 2020, to shareholders of record as of May 8, 2020.
“We are pleased that our financial strength enables us to increase our common stock quarterly dividend, which provides a steady and growing income to millions of people during this economically challenging time,” said MetLife President and CEO Michel Khalaf.
MetLife has increased its common stock quarterly dividend at a 10.7 percent compound annual growth rate since 2011.
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates ("MetLife"), is one of the world's leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com.
The forward-looking statements in this disclosure, using words such as “will,” are based on assumptions and expectations that involve risks and uncertainties, including the “Risk Factors” MetLife, Inc. describes in its U.S. Securities and Exchange Commission filings. MetLife’s future results could differ, and it has no obligation to correct or update any of these statements.