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Jackson Financial raises dividend to $0.70 per share

EditorLina Guerrero
Published 02/21/2024, 05:41 PM
Updated 02/21/2024, 05:41 PM
© Reuters.

LANSING, Mich. - Jackson Financial Inc. (NYSE: NYSE:JXN), a company specializing in retirement planning and annuity products, has declared a cash dividend of $0.70 per share of common stock for the first quarter of 2024. This announcement marks an approximate 13% increase from the dividend level of the previous year. The upcoming dividend is scheduled to be paid on March 21, 2024, to shareholders who are on record as of March 12, 2024.

Additionally, Jackson Financial has announced a dividend of $0.50 per depositary share, corresponding to the Fixed-Rate Reset Noncumulative Perpetual Preferred Stock, Series A (NYSE: JXN PR A). Holders of these depositary shares on record as of March 12, 2024, will receive their dividends on April 1, 2024.

Jackson Financial has a history of providing services aimed at simplifying retirement planning for financial professionals and their clients. The company has been recognized for its customer service, receiving awards from the Service Quality Measurement Group (SQM) for multiple years. Jackson Financial maintains a commitment to all stakeholders, which includes customers, shareholders, distribution partners, employees, regulators, and community partners.

The information provided is based on a press release statement and includes forward-looking statements regarding the company's future events and their potential impact on revenues, expenses, and business opportunities. These statements are not guarantees of performance and are subject to risks and uncertainties that could cause actual results to differ materially from those projected.

Investors and interested parties are directed to Jackson Financial's investor relations website for key disclosures, some of which may contain material that was previously non-public. The company has emphasized that it uses this platform as a primary channel for communicating with investors.

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