MassMutual has approved an estimated $1.6 billion dividend payout in 2018.
This marks 150 straight years that MassMutual has paid a dividend. Also, the high dividend helps them maintain a strong position as one of the largest mutual insurers in the U.S.
NOTE: MassMutual already announced their record $1.72 billion dividend in 2019.
2018 Dividend Rate Of 6.4%
The dividend represents a significant drop from 6.7% in 2017 to a dividend rate of 6.4% in 2018.
To read the full release go here: MassMutual Press Release.
Northwestern also already announced its 2018 dividend: Northwestern Mutual 2018 Dividend.
Historical Dividend Rates
We track and analyze the historical dividend rates from many companies. You can see how MassMutual’s dividend compares to the competition in our article:
Dividends Drive Performance
Dividends in participating policies are what helps grow the cash value and the death benefit. A dividend is not everything in a whole life policy, there are many other aspects to consider: cost, type, company, etc.
However, dividends to play an important part.