Northwestern Mutual to Pay Policyowners $4.27 Billion in Dividends; Historic Increase of $360 Million for 2006

Northwestern Mutual has announced a projected $360 million increase to its dividend payout for 2006, the largest single increase in company history. The company's overall dividend payout to policyowners for 2006, approved today by its Board of Trustees, is expected to be $4.27 billion. The company will also continue to pay a dividend interest rate of 7.5% on unborrowed funds on most permanent life insurance policies for the second straight year.

Northwestern Mutual to Pay Policyowners $4.27 Billion in Dividends; Historic Increase of $360 Million for 2006
Source: Business Wire