MetLife enters pension risk transfer agreement with Weyerhaeuser

  • A MetLife (NYSE:MET) subsidiary will provide annuity benefits to almost 5,200 retirees and beneficiaries in Weyerhaeuser 's (NYSE:WY) defined benefit pension plan, representing pension obligations of ~$765M.
  • Weyerhaeuser ’s group annuity contract purchase from Metropolitan Tower Life Insurance Company closed in December 2020.
  • The transaction will not change the amount of the monthly pension benefit received by Weyerhaeuser ’s retirees and beneficiaries.
  • This pension risk transfer agreement allows Weyerhaeuser to focus on its core mission and lessen our plan’s exposure to market volatility.

    Fundamentals Metlfie

    For this year MetLife 's (located in New York City) revenue will be around 61.98 billion USD. This is according to the average of the analysts' estimates. This is rather significant lower than 2019's revenue of 69.75 billion USD.

    Historical revenues and results MetLife plus estimates 2020

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    The analysts expect for 2020 a net profit of 5.26 billion USD. For this year most of the analysts expect a profit per share of 5.67 USD. The price/earnings-ratio therefore equals 8.74.

    Huge dividend MetLife

    For this year the analysts expect a dividend of 1.82 USD per share. MetLife 's dividend yield thus equals 3.67 percent. The average dividend yield of the insurers equals a low 0 percent.

    MetLife 's market value equals around 47.52 billion . The MetLife stock was the past 12 months quite volatile. Since last January the stock is 1 percent higher. This year the stock price moved between 23 and 53 dollar.

    Historical stock prices MetLife2007-2020

    fundamental research metlife

    Click here for dividend MetLife. At 22.10 the stock trades 2.86 percent lower at 49.57 USD.

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