Insurance company MetLife (MET) will raise its quarterly dividend by 4.2 percent to 50 cents per share in 2022. This marks 10 consecutive years of dividend increases by the insurance company.
The next MET dividend will be payable on June 14, 2022, to shareholders of record as of May 10, 2022. A new annual rate of $2.00 per share yields 3.2% at a stock price of $62 for Metlife.
MetLife, Inc. is a financial services company with operations worldwide, including the United States, Japan, Latin America, Asia, Europe and the Middle East. The company provides insurance, annuities, employee benefits and asset management for individual and institutional customers. Metlife was founded in 1868 and is headquartered in New York. The company has paid a dividend every year since 2000.