MetLife Floating Rate (Min 4%) Non Cumulative Preferred Stock

By: ,

 

S&P Rating   BBB-   Moodys Rating   Baa2

Security Ticker Symbol   MET-A

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Market Traded ON   NYSE

Dividend Payment Paid on the 15th of March, June, September and December beginning on 09/15/2005

Quarterly Dividend   .250   Annual Dividend   1.000

Quarterly dividend is either 1% above the 3 month libor rate or a 4% minimum (thus it will be 4% for a long time)

Securities may be redeemed, at the issuers option, as early as 09/15/2010 for a redemption price of $25/share plus accrued dividends

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Dividend Payment Will Likely be a Qualified Distribution

Maturity Date   None

 

Company Investor Relations Page for MetLife

Below you can find the offering Prospectus and Final Pricing Document

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