MetLife raises dividend by 4.1% amid economic uncertainty

NEW YORK - MetLife, Inc. (NYSE: MET), a global provider of insurance and financial services with a market capitalization of nearly $50 billion, has announced an increase in its quarterly common stock dividend. Shareholders can expect a dividend of $0.5675 per share for the second quarter of 2025, marking a 4.1% rise from the first quarter’s $0.545 per share. This decision underscores MetLife’s commitment to delivering value to its investors, particularly during times of economic uncertainty. According to InvestingPro data, the company has maintained dividend payments for 26 consecutive years, with the current dividend yield standing at 3.1%.

The upcoming dividend is scheduled for distribution on June 10, 2025, to shareholders who are on record by May 6, 2025. This increase continues MetLife’s pattern of enhancing shareholder returns, with a compound annual growth rate of 9.0% in its common stock quarterly dividend since 2011. InvestingPro analysis reveals that MetLife has raised its dividend for 12 consecutive years, demonstrating strong commitment to shareholder returns. The stock currently trades at an attractive P/E ratio of 12.2, suggesting potential undervaluation according to InvestingPro’s Fair Value assessment.

MetLife’s President and Chief Executive Officer, Michel Khalaf, commented on the company’s ability to raise the dividend, attributing it to MetLife’s financial robustness. "The financial strength of MetLife enables us to increase our common dividend per share by 4.1%, providing a steady and growing income to investors during a period of economic uncertainty," said Khalaf. This financial strength is reflected in the company’s solid fundamentals, with InvestingPro reporting strong liquidity metrics and a "FAIR" overall financial health score. Discover 10+ additional exclusive insights about MetLife’s financial health with an InvestingPro subscription, including detailed analysis available in the comprehensive Pro Research Report.

MetLife has been a fixture in the financial services industry since its founding in 1868. With a presence in over 40 markets worldwide, it maintains a significant role in various regions, including the United States, Asia, Latin America, Europe, and the Middle East. The company’s services encompass life insurance, annuities, employee benefits, and asset management.

While the dividend increase is a positive signal to shareholders, MetLife’s announcement also included a cautionary note regarding forward-looking statements. The company highlighted that such statements are subject to risks and uncertainties and that actual results could differ from those projected.

This dividend declaration is based on a press release statement from MetLife, Inc. and reflects the company’s current strategy of delivering consistent returns to its shareholders. Investors and observers will be watching closely to see how this approach fares in the face of ongoing economic challenges.

In other recent news, MetLife Inc. has issued $1 billion in subordinated debentures, marking a significant change in its financial structure. The debentures, due 2055, were sold through an underwriting agreement with several financial institutions, including BNP Paribas Securities Corp. and BofA Securities, Inc. This move aligns with MetLife’s financial strategy and reflects its ongoing capital management efforts. Additionally, MetLife has secured $1.25 billion through a private placement transaction involving Pre-Capitalized Trust Securities, providing the company with flexible funding options over a thirty-year period. In executive news, Toby Srihiran Brown has been appointed as the interim Chief Accounting Officer, following the resignation of Tamara L. Schock. The board of directors has expanded with the election of Christian Mumenthaler, former CEO of Swiss Re, effective May 1, 2025. Mumenthaler’s extensive experience in the insurance industry is expected to support MetLife’s strategic initiatives. Furthermore, MetLife announced the upcoming departure of board member David L. Herzog, who will step down effective May 1, 2025, as part of a personal decision not to seek re-election.

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