MET-A MetLife Inc. Preferred Series A Floating Rate

Dividends will be payable from the date of original issue on a non-cumulative basis, quarterly in arrears on the 15th day of March, June, September and December of each year (each, a “dividend payment date”), commencing on September 15, 2005, at an annual rate of the greater of (a) 1.00% above three month LIBOR on the related LIBOR determination date or (b) 4.00%. Dividends on the series A preferred shares are not cumulative. The series A preferred shares are not redeemable prior to September 15, 2010. On and after that date, the series A preferred shares will be redeemable at MetLife, Inc.’s option, subject to the Federal Reserve Board’s prior approval, in whole or in part, at a redemption price of $25 per series A preferred share, plus declared and unpaid dividends.   This security was issued by Metlife Inc, whose common stock symbol is MET.

$23.56  +0.01 (0.04%)
As of 08/08/2022 10:57:36 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Financials
Industry:  Insurance—Life
Index country:  USA
Country of incorporation:  USA
IPO date:  02/11/2013
Outstanding shares:  24,000,000
Average volume:  33,203
Market cap:   $565,200,000
Current dividend yield:  4.34%    calculation
Initial coupon rate:    4.000%
Spread to LIBOR: 0.010000
Cumulative:    No
Liquidation value:   $25.00
Callable after:   09/15/2010
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol:      B0B87W3

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