MET-PA Preferred Stock — MetLife Depositary Shares Series A

MetLife Depositary Shares Series A (MET-PA)

MET-PA is a Preferred Stock. its distribution rate is 5.99%, its trailing-12-month yield is 7.56%. Dividend Vision Distribution Safety Score™ is 76/100 (Generally safe). Total return is 191.5% over the past 21.3 years, 658.6 points behind SPY at 850.1%.

At the current 5.99% distribution rate, a $10,000 investment would generate approximately $599 per year, or about $149.75 per quarter if the next payment matches the last regular one.

MetLife is a financial services company providing insurance, annuities, employee benefits, and asset management services globally across segments including group benefits, retirement solutions, and regional operations. This preferred equity security distributes quarterly at a current high distribution rate, offering regular income with the characteristics of a fixed-income instrument. The security appeals to income-focused investors seeking steady quarterly distributions from an established financial services company.

MET-PA performance versus SPY

Price and return data through 2026-09-21.

Total return is 191.5% over the past 21.3 years, 658.6 points behind SPY at 850.1%. Over the past year its total return — price change plus distributions reinvested — is -6.1%. Its deepest 1-year drawdown was 10.8%.

MET-PA key facts

Distribution Safety Score™

76 · Generally safe

Safety-Adjusted Yield

4.55%

Issuer

MetLife

Asset type

Preferred Stock

Asset class

Equity

Distribution rate

5.99%

Distribution frequency

Quarterly

Trailing yield

7.56%

5-year average yield

5.78

Last close

$21.04 (as of 2026-09-21)

Market cap

$40,791,236,608

Average volume

26431.0

Last dividend

$0.3147

Last ex-dividend date

08/31/2026

Last payment date

09/15/2026

Beta

0.759

Payout ratio

0.0

P/E ratio

2.6265

Forward P/E

0.0

EPS

$7.81

How Dividend Vision calculates yield and returns

Distribution rate (5.99%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (7.56%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: MetLife or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MET-PA risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 10.8%.

Who may consider MET-PA — and who may not

MET-PA may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (MET-PA pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from MetLife.