Metlife dividend – MetLife Declares 0.52 Cash Dividend
June 9, 2023
🌥️Dividends Yield
On June 6, 2023, MetLife Inc. declared a cash dividend of 0.52 per share to be paid out to shareholders. This dividend follows a history of consistent dividend payments from the company over the last three years, with an annual dividend per share of USD 2.0, 1.98 and 1.9 respectively. This results in dividend yields of 3.01%, 3.02%, and 3.23% from 2021 to 2023, with an average dividend yield of 3.09%.
Investment-seekers looking for dividend stocks could consider adding METLIFE ($NYSE:MET) to their list, with the ex-dividend date set as May 8, 2023. METLIFE has proven to be a reliable dividend payer and is well worth considering for those looking to make a sound investment in the stock market.
Price History
On Tuesday, the stock opened at $52.7 and closed at $53.4, representing an increase of 1.4% from its prior closing price of $52.6. This is the fourth consecutive quarter that MetLife has paid out a dividend to its shareholders. This news has been well-received by investors, pushing MetLife’s stock up slightly in the past week. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Metlife. More…
| Total Revenues | Net Income | Net Margin |
| 69.74k | 1.76k | 2.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Metlife. More…
| Operations | Investing | Financing |
| 13.2k | -2.62k | -10.11k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Metlife. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 666.61k | 639.32k | 35.15 |
Key Ratios Snapshot
Some of the financial key ratios for Metlife are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -0.9% | – | 4.8% |
| FCF Margin | ROE | ROA |
| 18.9% | 7.8% | 0.3% |
Analysis – Metlife Intrinsic Value Calculator
At GoodWhale, we recently conducted an analysis of METLIFE‘s wellbeing. After our thorough review, we calculated the fair value of METLIFE share to be around $60.9, using our proprietary Valuation Line. Currently, METLIFE stock is traded at $53.4 – a fair price that is undervalued by 12.3%. We believe that this is a good opportunity for investors to get good returns in the near future. More…
Peers
In the insurance industry, MetLife Inc faces competition from Prudential Financial Inc, Great-West Lifeco Inc, Reinsurance Group of America Inc. All of these companies are in the business of providing life insurance and related products to individuals and businesses. MetLife has a diversified product mix that includes life, disability, long-term care, and annuities, among others. Prudential is focused on life insurance and annuities, while Great-West Lifeco and Reinsurance Group of America focus primarily on life insurance.
– Prudential Financial Inc ($NYSE:PRU)
Prudential Financial Inc. is an American multinational financial services company. It offers a variety of financial products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services. As of 2022, it has a market cap of $35.87 billion.
Prudential was founded in 1875 and is headquartered in Newark, New Jersey. It has operations in the United States, Asia, Europe, and Latin America. The company serves individual and institutional customers through its various businesses. These businesses include life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.
– Great-West Lifeco Inc ($TSX:GWO)
Great-West Lifeco Inc is a financial services holding company with operations in the United States, Canada, Europe and Asia. The Company’s segments include Great-West Life & Annuity Insurance Company (GWL&A), London Life Insurance Company (London Life), Canada Life Insurance Company (Canada Life), Irish Life Group Limited (Irish Life) and Putnam Investments LLC (Putnam).
– Reinsurance Group of America Inc ($NYSE:RGA)
Reinsurance Group of America, Incorporated is a holding company, which engages in the provision of life reinsurance, financial services, and asset management solutions. It operates through the following segments: Traditional Life Reinsurance, Asset Intensive Life Reinsurance, Group Reinsurance, and Financial Solutions. The company was founded in 1973 and is headquartered in Chesterfield, MO.
Summary
Investing in METLIFE is a wise decision for those who are seeking consistent and reliable dividend income. In the past three years, METLIFE has issued an annual dividend per share of USD 2.0, 1.98 and 1.9 giving investors a dividend yield of 3.01%, 3.02% and 3.23% respectively with an average dividend yield of 3.09% which is higher than the market average. Furthermore, METLIFE has a strong balance sheet and a well-established record of profitability providing investors with potential for long-term value growth. With its consistent dividend payments and potential capital appreciation, METLIFE is an attractive investment option.
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