The Penn Mutual Life Insurance Company Continues Historic Dividend Track Record

view original post

Classified in:Business
Subject: DIV

HORSHAM, Pa., Nov. 22, 2021 /PRNewswire/ — The Penn Mutual Life Insurance Company (Penn Mutual), a Fortune 1000 company, is pleased to announce that the company has maintained its dividend scale for 2022 and the Board of Trustees has approved a $123 million payout to eligible policyholders in 2022.

Dividends are a key measure of a mutual company’s performance and Penn Mutual has consistently paid dividends to eligible policyholders for nearly 175 years. This announcement extends the company’s long track record of delivering strong performance and value to policyholders.

“We’re proud to continue our track record of financial strength and maintain our dividend scale,” says Eileen McDonnell, chairman and CEO. “A mutual life insurance company’s ability to consistently pay dividends is a solid indicator of its financial strength. Over the last 20 years, our dividend action remains one of the strongest and most consistent in the industry, reinforcing our commitment to serving the best interests of our policyholders and financial professionals now and into the future.”

Visit the Penn Mutual website for more information about the company’s financial strength:

About The Penn Mutual Life Insurance Company
Penn Mutual helps people become stronger. Our expertly crafted life insurance is vital to long-term financial health and strengthens people’s ability to enjoy every day. Working with our trusted network of financial professionals, we take the long view, building customized solutions for individuals, their families, and their businesses. Penn Mutual supports its financial professionals with retirement and investment services through its wholly-owned subsidiary Hornor, Townsend & Kent, LLC, member FINRA/SIPC. Visit Penn Mutual at

©2021 The Penn Mutual Life Insurance Company, 600 Dresher Road, Horsham, PA 19044

Jeff Leinen
Penn Mutual

SOURCE The Penn Mutual Life Insurance Company

These press releases may also interest you

at 18:17

TO THE NEW, a global digital transformation and product engineering services provider, has appointed Jacob Koshy as the Business Unit Head for their ANZ office. Jacob, an industry veteran with 20+ years of extensive experience, has been appointed to…

at 18:16

PetroShale Inc. (“PetroShale” or the “Company”) is pleased to announce our financial and operating results for the three and nine month periods ended September 30, 2021. The Company’s unaudited interim consolidated financial statements and…

at 18:05

Lysander Funds Limited (“Lysander”) announced today a change in the risk rating for Lysander TDV Fund (the “Fund”). Details of this change are set out below. Change in Risk Rating In accordance with the investment risk classification methodology…

at 18:03

Retail Council of Canada’s (RCC) 4th annual Holiday Shopping Survey of over 2,500 Canadians from coast to coast shows that while COVID continues to impact our lives, people are looking forward to returning to shopping at brick-and-mortar stores and…

at 18:01

SiTime Corp. (NASD: SITM) will replace Emergent BioSolutions Inc. in the S&P MidCap 400, and Emergent BioSolutions will replace Domtar Corp. in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, November 30. Paper Excellence…

at 18:01

Life360, the leading family safety platform, today announced that it plans to acquire Tile, the pioneer in finding technology, creating the world leader in finding and location solutions. The deal, which will provide families and individuals across…

News published on 22 november 2021 at 09:15 and distributed by:

Read more at: ‘ + document.location.href,
copytext = selection + pagelink,
newdiv = document.createElement(‘div’); = ‘absolute’; = ‘-99999px’;
newdiv.innerHTML = copytext;
window.setTimeout(function () {
}, 100);
document.addEventListener(‘copy’, addLink);