On August 15, 2025, MetLife, Inc. announced the declaration of several preferred stock dividends. These include a quarterly dividend of $0.35263005 per share on its Series A floating rate non-cumulative preferred stock, a semi-annual dividend of $29.375 per share on the Series D fixed-to-floating rate non-cumulative preferred stock, and a quarterly dividend of $351.5625 per share on the Series E non-cumulative preferred stock. Additionally, the company declared a quarterly dividend of $296.875 per share on the Series F non-cumulative preferred stock and a semi-annual dividend of $19.250 per share on the Series G fixed rate reset non-cumulative preferred stock.
The dividends will be payable on September 15, 2025, to shareholders of record as of August 29, 2025. The Series E and Series F preferred stocks are represented by depositary shares, each representing a 1/1,000th interest in a share of the respective preferred stock. The declaration of these dividends may impact investor sentiment and the company's stock performance.
linkAug 15, 2025 16:21:47
MetLife, Inc. reported net income of $698 million for the second quarter of 2025, a decrease of 23% compared to the same period last year. Adjusted earnings fell to $1.4 billion, reflecting less favorable underwriting and lower investment margins, though revenue from premiums, fees, and other revenues totaled $12.7 billion, a 6% decline year-over-year. Notably, adjusted premiums excluding pension risk transfers rose by 5% to $12.4 billion, driven by growth across various segments except MetLife Holdings. The company returned approximately $900 million to shareholders through share repurchases and dividends, and its book value per share increased to $35.79, up 7% from the previous year.
In terms of business performance, the Group Benefits segment saw adjusted earnings drop by 25%, while the Retirement and Income Solutions segment experienced a 10% decline. Conversely, the Asia segment reported a 9% increase in sales driven by growth in Japan and Korea, and the EMEA region saw a 30% rise in adjusted earnings. Overall, MetLife's institutional client assets under management surpassed $200 billion, indicating continued strength in asset management despite challenges in certain areas of the business.
linkAug 06, 2025 16:50:22
MetLife, Inc. announced the appointment of Adrienne O’Neill as Executive Vice President and Chief Accounting Officer, effective September 2, 2025. O’Neill, who previously served as Chief Financial Officer for Asia Segment at Manulife Financial Corporation, will report to John McCallion, MetLife’s Chief Financial Officer. Her responsibilities will include leading corporate accounting and reporting activities, as well as financial planning and analysis. O’Neill's annual base salary will be $525,000, with additional sign-on cash payments and stock-based long-term incentive awards valued at $1,950,000.
O’Neill replaces Toby Srihiran Brown, the interim Chief Accounting Officer, who will continue his role as Executive Vice President and Global Head of Reinsurance. With over 18 years of experience at Manulife, O’Neill has held various finance leadership positions, including Global Controller and Group Chief Accounting Officer. She is a Chartered Financial Analyst and Chartered Professional Accountant, recognized for her contributions to the profession. O’Neill's expertise is expected to support MetLife's financial strategy and operations.
linkJul 30, 2025 16:16:16
MetLife, Inc. has declared dividends for its preferred stock for the second quarter of 2025. The quarterly dividend for the floating rate non-cumulative preferred stock, Series A, is set at $0.35141735 per share. Additionally, the Series E preferred stock will have a dividend of $351.5625 per share, and the Series F preferred stock will have a dividend of $296.875 per share, with both Series E and F represented by depositary shares each representing 1/1,000th interest in a share of the preferred stock.
These dividends are scheduled to be payable on June 16, 2025, to shareholders who are on record as of May 30, 2025. The record dates for the dividends occur on May 31, 2025, and June 1, 2025, which fall on the weekend. This announcement may be of interest to investors focused on dividend income from preferred stock holdings.
linkMay 15, 2025 16:20:25
MetLife, Inc. has entered into a reinsurance agreement with Talcott Resolution Life Insurance Company to reinsure approximately $10 billion of U.S. retail variable annuity and rider reserves. This transaction is expected to positively impact the company's risk profile by reducing its retail variable annuity tail risk by around 40%. The total value of the agreement is estimated at $250 million, which includes ceding commission and capital released over time. The transaction is set to close in the second half of 2025, pending regulatory approvals.
In conjunction with this agreement, MetLife Investment Management will manage approximately $6 billion of assets for Talcott. The company will continue to handle all customer-related functions associated with the policies. MetLife anticipates a reduction in annual adjusted earnings of about $100 million, which will be partially offset by annual hedge cost savings of approximately $45 million. The details of the transaction will be further discussed in a conference call on May 1, 2025.
linkApr 30, 2025 16:44:27
MetLife, Inc. announced its financial results for the first quarter of 2025, reporting a net income of $879 million, which represents a 10% increase compared to the same period last year. The company's premiums, fees, and other revenues rose by 14% to $13.6 billion. Adjusted earnings saw a modest increase of 1% to $1.3 billion, driven by higher life underwriting margins and variable investment income, although these gains were partially offset by unfavorable foreign currency impacts and lower recurring interest margins. Additionally, the book value per share increased by 2% to $35.16, while the adjusted book value rose 4% to $55.01 per share. MetLife also returned $1.8 billion to shareholders through share repurchases and dividends, and authorized an additional $3.0 billion in share repurchases in April 2025.
The company's various segments showed mixed performance. Group Benefits adjusted earnings increased by 29% to $367 million, primarily due to favorable life underwriting margins. In contrast, the Asia segment reported a 12% decline in adjusted earnings, affected by changes in underwriting and tax rates. The Retirement and Income Solutions segment saw a 1% rise in adjusted earnings, with significant growth in sales of U.S. pension risk transfers. Overall, MetLife's diversified global operations contributed to a total balance growth of 8% in its Retirement and Income Solutions, and Asia sales (excluding Japan) increased by 41% on a constant currency basis.
linkApr 30, 2025 16:33:08
MetLife announced dividends for its preferred stocks, including Series A, E, and F, payable on June 17, 2024. The company, a global financial services leader, serves customers worldwide with insurance, annuities, and asset management since 1868.
linkMay 15, 2024 17:10:04