1. MassMutual announces $1.72 billion dividend in 2019

    MassMutual announces $1.72 billion dividend in 2019

    Massachusetts Mutual Life Insurance Co. said Monday that its board of directors has approved a record $1.72 billion estimated dividend payout in 2019. It's an increase of more than $125 million more than 2018, and marks the 151st consecutive year that MassMutual will be paying a dividend, according to a news release. The 2017 dividend was $1.6 billion. The 2019 estimated payout reflects a dividend interest rate of 6.4 percent for eligible participating policies, maintaining the same rate as 2018.

    Read Full Article

    Login to comment.

  1. Categories

    1. Industry Clusters:

      Aerospace/Defense, Business Development, Creative Economy, Education, Energy, Entrepreneurship, Financial Services, Green Region, Health Care, Information Technology, Life Sciences, Logistics, Manufacturing, Medical Devices, Paper Manufacturing, Plastics, Retail, Tourism, Transportation, Workforce
  2. Quotes

    1. MassMutual's track record of consistently paying an industry-leading dividend is the result of our distinct, diversified strategy, and core to who we are as a mutual company run for the benefit of our participating policyowners and members.
  3. Topics Mentioned

  4. Authors