Prudential Financial Individual Life — Dividends to policyholders increased by 12.5% to $9.00M in Q4 2023 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $9.00M to $9.00M. Over 2 years (FY 2021 to FY 2023), Individual Life — Dividends to policyholders shows relatively stable performance with a 0.0% CAGR.
Higher dividends can be a competitive advantage for product sales but represent a direct reduction in available earnings for shareholders.
This represents the portion of earnings or surplus returned to policyholders of participating insurance policies. It is...
Standard metric for mutual or participating life insurance products across the industry.
pru_segment_individual_life_dividends_to_policyholders| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.75M | $8.75M | $8.75M | $9.00M | $8.00M | $8.00M | $9.00M | $9.00M | $9.00M | $8.00M | $9.00M |
| QoQ Change | — | +0.0% | +0.0% | +2.9% | -11.1% | +0.0% | +12.5% | +0.0% | +0.0% | -11.1% | +12.5% |
| YoY Change | — | — | — | — | -8.6% | -8.6% | +2.9% | +0.0% | +12.5% | +0.0% | +0.0% |