Thrivent Sets Total Payout of $564 million in Dividends and Policy Enhancements to Clients in 2025

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Oct 28, 2024, 10:05 ET

The payout marks a three-year streak of delivering record-breaking dividends and non-guaranteed policy enhancements, returning more value to Thrivent clients than ever before

MINNEAPOLIS, Oct. 28, 2024 /PRNewswire/ -- Thrivent, a Fortune 500 diversified financial services organization, announced today it will provide an all-time high $564 million total payout to clients with membership in 2025. This amount includes $432 million in dividends and $132 million in non-guaranteed annuity and life insurance policy enhancements, such as additional credited interest and reduced fees. The payout is 4% higher than its previous record-setting total payout in 2024.

"This tremendous achievement demonstrates how we continuously deliver value to those we serve," said David Royal, chief financial and investment officer at Thrivent. "Our three-year streak of record-breaking total payouts reflects Thrivent's long-term strength and stability, disciplined financial management and commitment to the financial well-being of our 2.4 million clients."

Thrivent has achieved strong operating performance and investment returns over the past few years and maintains an exceptional surplus position. In 2022, Thrivent leaders saw an opportunity to increase dividends and add policy enhancements to deliver more value to the clients who helped create it. Since then, total payouts have increased 93% over the last four years – from $292 million in 2022 to $564 million in 2025. While dividends are never guaranteed, Thrivent has paid them every year since 1913, distributing over $3 billion in just the last decade.

About Thrivent
Thrivent is a diversified financial services organization that helps people achieve financial clarity, enabling lives full of meaning and gratitude. Thrivent and its subsidiary and affiliate companies serve more than 2.4 million clients, offering advice, insurance, investments, banking and generosity products and programs online and through financial advisors and independent agents nationwide. Thrivent is a Fortune 500 company with $179 billion in assets under management/advisement (as of 12/31/23). Thrivent carries ratings from independent rating agencies which demonstrate the strength and stability of the organization, including an A++ rating from AM Best; an Aa2 rating from Moody's Investors Service; and an AA+ rating from S&P Global Ratings. Ratings are based on Thrivent's financial strength and claims-paying ability, but do not apply to investment product performance. For information on these ratings, visit the rating agency's website. Dividends are not guaranteed. For more information about Thrivent, visit Thrivent.com or find us on Facebook, Instagram and LinkedIn.

Ratings are based on Thrivent's financial strength and claims-paying ability. Does not apply to investment product performance. For information on each rating, visit the individual rating agency's website.

Thrivent is the marketing name for Thrivent Financial for Lutherans. Insurance products issued by Thrivent. Not available in all states. Licensed agent/producer of Thrivent. Thrivent.com/disclosures.

Insurance products, securities and investment advisory services are provided by appropriately appointed and licensed financial advisors and professionals. Only individuals who are financial advisors are credentialed to provide investment advisory services. Visit Thrivent.com or FINRA's BrokerCheck for more information about our financial advisors.

Dividends are not guaranteed and do not apply to all products or clients.

MEDIA CONTACT:
Samantha Mehrotra
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SOURCE Thrivent