Posted by (American Life InsuranceGuide News) Mass Mutual(Wantong Mutual) The board of directors approved an expenditure of $17.2 billion to distribute dividends to eligible policyholders and members in 2019.This amount created a new high in the company's history of dividends.
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2019Mass MutualThe annual dividend rate is locked at 6.4%
This expected dividend is $2018 million more than the 1.25 dividend, which is alsoMass MutualDividends for the 151st consecutive year in the company's history.
In addition, the expected dividend rate in 20191 , Consistent with 2018, maintained at 6.4%.
Although dividends are not guaranteed,Mass MutualSince 1869, dividends have been paid to eligible participants.From 2010, plus the expected dividend amount for 2019,Mass MutualA total of $147 billion in dividends has been paid out.
Mass MutualLeading the dividend tradition of mutually beneficial companies
"Mass Mutual The record-setting persistence in paying high dividends leading the industry is the result of our unique and diversified strategy. It is also the core of our being a Mutual company. We create benefits for participating policyholders and members. " MassMutal The chairman and part-time CEO, Roger Crandall, said, "The record-breaking dividend in 2019 reflects our business strength, the sustainability of our success, and the sustainability of our management services. We have helped And to protect the future of generations and help them protect their loved ones."
2019 dividends reflectMass Mutual Experience in life mortality management and good investment performance.Mass Mutual The strategy adopted a differentiated approach-from the business of branches of various departments, as well as investment in international insurance and global asset management business, a diversified combination.
Mass MutualA total of $10 billion has been paid in 350 years
In the past ten years, Mass Mutual In annuity products and insurance products, more than $350 billion was paid (paid) to policyholders and customers.In 2017, more than $50 billion was paid (compensated).
"Our expected dividends in 2019 reflect our firm commitment to policyholders and members,"Mass Mutual Mike Fanning, head of the US region, said, “Through our professional financial professionals and innovative digital tools, we have the ability to provide a full range of services and provide financial solutions for those who need these services.”
(American Life InsuranceGuide net report)
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1 Dividend Interest Rate (DIR)NotThe rate of return on the policy, the rate of return on the policy, or the rate of return on the cash value of the policy.It is determined by the insurance company unilaterally according to the year according to the financial situation of the financial insurance company.The dividend yield can be changed, and there is no guarantee whether there will be a dividend or how much the dividend will be.Dividends apply to participating life insurance policies (Eligible Participating Life Insurance Policy).
About MassMutual
MassMutual, MassMutual Mutual Insurance, also known as Massachusetts Mutual Life Insurance Company, was established in 1851 and is a mutual company that provides various financial services.Vantone Life is ranked 500th in the Fortune 76 list.
For more information, please visit www.massmutual.com.
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