Northwestern Mutual will offer $5.3 billion in a 2018 dividend
payout to its policy owners, according to a Wednesday announcement.
the Milwaukee-based company, this continues a record of 147 years
that Northwestern Mutual has made a dividend payout.
incredibly proud of the value we are delivering to our policy owners
through dividends,” said John E. Schlifske, chairman and CEO of
Northwestern Mutual, in a statement. “For more than 160 years we’ve
been managing our business effectively and acting in the best
long-term interest of our clients, so we’re able to offer excellent
product value and service for a lifetime of financial security.”
who own whole life insurance, disability insurance and some annuity
products are eligible for dividends, and they have a choice and
flexibility with respect to how dividends can be used. Their options
include: to reduce the cost of premiums; take in cash; or, for life
insurance, increase the cash value and/or death benefit.