MetLife Increases Common Stock Dividend by 4.8%

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MetLife, Inc. (NYSE: MET) has announced a 4.8% increase in its second quarter 2024 common stock dividend to $0.545 per share, continuing a trend of 8.7% annual growth since 2011. The dividend will be paid on June 11, 2024, to shareholders of record as of May 7, 2024.

Positive

• MetLife has a consistent track record of increasing its common stock dividend, showcasing a strong commitment to returning value to its shareholders.
• The company's decision to raise the dividend reflects confidence in its financial performance and long-term growth prospects.
• Shareholders can expect to receive $0.545 per share in the upcoming dividend payment, representing a 4.8% increase from the previous quarter.
• MetLife's President and CEO, Michel Khalaf, emphasized the company's strategic focus on capital deployment to drive business growth and enhance shareholder returns.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- MetLife, Inc. (NYSE: MET) today announced that its board of directors has declared a second quarter 2024 common stock dividend of $0.545 per share, an increase of 4.8% from the first quarter common stock dividend of $0.52 per share. MetLife has increased its common stock quarterly dividend at an 8.7% compound annual growth rate since 2011.

The dividend will be payable on June 11, 2024, to shareholders of record as of May 7, 2024.

“We are pleased to increase our common dividend per share by 4.8%, which attests to our balanced approach to capital deployment focused on growing our business and returning capital to our shareholders to drive long-term value,” said MetLife President and CEO Michel Khalaf.

About MetLife

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 individual and institutional customers build a more confident future. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Asia, Latin America, Europe and the Middle East. For more information, visit www.metlife.com.

Forward-Looking Statements

The forward-looking statements in this news release, 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 does not undertake any obligation to publicly correct or update any of these statements.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240423644781/en/

For Media:

Dave Franecki

973-264-7465

Dave.Franecki@metlife.com

For Investors:

John Hall

212-578-7888

John.A.Hall@metlife.com

Source: MetLife, Inc.

FAQ

What is the new common stock dividend amount announced by MetLife (NYSE: MET)?

MetLife (NYSE: MET) has declared a second quarter 2024 common stock dividend of $0.545 per share, reflecting a 4.8% increase from the previous quarter.

When will the common stock dividend be payable to MetLife (NYSE: MET) shareholders?

The common stock dividend announced by MetLife (NYSE: MET) will be payable on June 11, 2024.

What is the compound annual growth rate of MetLife's (NYSE: MET) common stock dividend since 2011?

MetLife (NYSE: MET) has maintained an 8.7% compound annual growth rate for its common stock dividend since 2011.

Who is the President and CEO of MetLife (NYSE: MET) mentioned in the press release?

MetLife's President and CEO mentioned in the press release is Michel Khalaf.