MassMutual approves $1.7 billion estimated 2020 policyowner dividend payout
Massachusetts Mutual Life Insurance Company (MassMutual) announced last November 4 that its Board of Directors has approved a $1.7 billion estimated dividend payout in 2020 to eligible participating policyowners and members. While dividends are not guaranteed, MassMutual has paid policyowner dividends every year since 1869. With the 2020 estimated payout, the company will have paid…