MassMutual 2021 Dividend Announced
Massachusetts Mutual Life Insurance Company (MassMutual) announced today that its Board of Directors has approved an estimated 2021 dividend payout of more than $1.7 billion.
MassMutual dividend keeps falling in a falling interest environment. They are one of the first to announce, but we expect all of the competition to drop their dividend as well.
MassMutual 2021 Dividend Rate
The new MassMutual dividend for 2021 is 6.0%. MassMutual dividend drops again from 6.2% from 2020.
Here is the full announcement from MassMutual.
The 2021 estimated payout reflects a 6.00% dividend interest rate1, demonstrating MassMutual’s long-term commitment to providing a competitive dividend in a historically low interest rate environment while maintaining its financial strength and reaching record levels of total adjusted capital of approximately $29 billion.
For more information on dividends you can read: Whole Life Insurance Historical Dividends
For more information on their products you can read: MassMutual Whole Life Review