MetLife 2005 Annual Report Download - page 130

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METLIFE, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
Derivative Financial Instruments
The fair value of derivative instruments, including financial futures, financial forwards, interest rate, credit default and foreign currency swaps, foreign
currency forwards, caps, floors, and options are based upon quotations obtained from dealers or other reliable sources. See Note 4 for derivative fair
value disclosures.
21. Subsequent Events
On February 21, 2006, the Holding Company’s board of directors declared dividends of $0.3432031 per share, for a total of $9 million, on its
Series A preferred shares, and $0.4062500 per share, for a total of $24 million, on its Series B preferred shares, subject to the final confirmation that it
has met the financial tests specified in the Series A and Series B preferred shares, which the Holding Company anticipates will be made on or about
March 5, 2006, the earliest date permitted in accordance with the terms of the securities. Both dividends will be payable March 15, 2006 to shareholders
of record as of February 28, 2006.
MetLife, Inc.
F-68