MetLife (NYSE:MET) is continuing to dole out dividends for its shareholders. The company has declared its latest quarterly distribution, which is to be $0.275 per share handed out on September 13 to shareholders of record as of August 9. That amount matches the firm's previous distribution, which was paid earlier this month. Prior to that, the company paid $0.185 per share.
The upcoming payout will be the insurer's third since switching to quarterly distributions from annual ones at the beginning of this year.
The just-declared dividend annualizes to $1.10 per share. That yields 2.5% at MetLife's most recent closing stock price of $44.82.
Fool contributor Eric Volkman has no position in MetLife. Nor does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.