MetLife Inc (NYSE: MET) has declared dividends across four of its preferred stock series for the third quarter of 2026. The insurer announced the payouts for its floating rate and fixed-to-floating rate instruments, with payments scheduled for mid-September.

The declaration covers both quarterly and semi-annual dividend structures, reflecting the varying terms of the different share classes. Shareholders of record as of August 31, 2026, will receive the distributions on September 15, 2026.

Dividend Details

The company specified the following dividend amounts per share:

Series A shares carry a floating rate noncumulative structure with a liquidation preference of $25 per share. Series D shares, which have a 5.875% fixed-to-floating rate non-cumulative structure, pay a semi-annual dividend of $29.375 per share against a $1,000 liquidation preference.

Series E and Series F shares are represented by depositary shares, each representing a 1/1,000th interest in the underlying preferred stock. Holders of Series E depositary shares will receive $0.3515625 per share, while Series F depositary shareholders will receive $0.296875 per share. These series carry liquidation preferences of $25,000 per share each.

MetLife Inc. (NYSE: MET) announced that its board of directors has approved a new $3 billion authorization for the repurchase of its common stock. This decision reflects management’s confidence in the insurer’s long-term financial outlook and its continued ability to generate capital. The new authorization is incremental to the approximately $400 million remaining under the company’s prior share repurchase program, which was announced in April 2025.

The total available capital return capacity now stands at approximately $3.4 billion, combining the fresh authorization with the residual balance from the previous plan. This significant allocation underscores MetLife’s commitment to deploying capital where it creates the greatest long-term value for shareholders, consistent with its New Frontier strategy.

"This new share repurchase authorization reflects our confidence in MetLife’s long-term outlook and continued ability to generate capital," said Michel Khalaf, President and Chief Executive Officer of MetLife. "Our diversified business portfolio, financial strength and disciplined execution continue to support durable growth and attractive returns."

Capital Allocation Strategy

MetLife emphasized that its diversified business portfolio and financial strength support this decision. The company stated that disciplined execution continues to support durable growth and attractive returns. Under the New Frontier strategy, MetLife remains committed to optimizing capital deployment to enhance shareholder value.

About MetLife

MetLife, Inc., through its subsidiaries and affiliates, is one of the world’s leading financial services companies. Founded in 1868, it provides insurance, annuities, employee benefits, and asset management to individual and institutional customers. The company operates in more than 40 markets globally, holding leading positions in the United States, Asia, Latin America, Europe, and the Middle East.