Cash Dividend On The Way From MetLife's Non-Cumulative Preferred Stock, Series B

On 5/29/13, MetLife Inc's 6.50% Non-Cumulative Preferred Stock, Series B (NYSE: MET.PRB) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 6/17/13. As a percentage of MET.PRB's recent share price of $26.09, this dividend works out to approximately 1.56%, so look for shares of MET.PRB to trade 1.56% lower -- all else being equal -- when MET.PRB shares open for trading on 5/29/13. On an annualized basis, the current yield is approximately 6.23%, which compares to an average...