Posted by 
(American Life InsuranceGuide Net News)Penn Mutual, Pennsylvania Mutual Life Insurance Company, referred to asPennsylvania Life, Today announced the 2019 dividend plan. The company’s board of directors has approved the payment of 2019 dividends to qualified policyholders in the amount of $8700 million, which is an increase from the 2018 dividends.
Penn Mutual, Pennsylvania LifeHeadquartered in Horsham, Pennsylvania, the company will reduce the size of its dividends in 2019.In the past 20 years,Penn MutualThe dividend rate has been leading in the industry, maintaining stability and consistency.
Penn Mutual Penn Life's historical dividend yield
| 2018 | 6.34 |
| 2017 | 6.34 |
| 2016 | 6.34 |
| 2015 | 6.34 |
| 2014 | 6.34 |
| 2013 | 6.34 |
| 2012 | 6.34 |
| 2011 | 6.34 |
| 2010 | 6.34 |
| 2009 | 6.34 |
| 2008 | 6.34 |
| 2007 | 6.30 |
*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 an interest rate determined unilaterally by the insurance company 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.
Penn Mutual Chairman and CEO Eileen McDonnell commented, “Penn Mutual demonstrated sustainable financial strength. In 171, we are committed to fulfilling our commitments to policyholders. Even in our country Faced with severe economic challenges,Penn MutualThe payment of dividends to qualified policyholders has never been interrupted. "
(American Life InsuranceGuide net report)
Recommended reading:Penn Mutual Insurance Company Ratings and Product Introduction
