MetLife Inc. 5.625% Non-Cumulative Preferred Stock, Series E
By: Tim McPartland,
Date Issued 5/30/2018
Shares Issued 28,000,000 Overallotment 4,200,000
S&P Rating BBB Moodys Rating Baa2
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Security Ticker Symbol MET-E OTC Grey Market MTLLP
Market Traded ON NYSE
Dividend Payment Paid on the 15th of March, June, September and December beginning on 9/15/2018
Quarterly Dividend .352 Annual Dividend 1.406
Securities may be redeemed, at the issuers option, as early as 06/15/2023 for a redemption price of $25/share plus accrued dividends
Dividend Payment Will Likely be a Qualified Distribution
Maturity Date None
Click Here to find the offering Prospectus and Final Pricing Document
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Tim McPartland
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Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
