Northwestern Mutual to pay $6.8 billion in dividends in 2023

Downtown Milwaukee, with Milwaukee Art Museum in foreground and US Bank Center and Northwestern Mutual tower in background
Downtown Milwaukee, with Milwaukee Art Museum in foreground and U.S. Bank Center and Northwestern Mutual tower in the background.

Last updated on October 31st, 2022 at 01:54 pmMilwaukee-based Northwestern Mutual plans to once again pay out a record amount in dividends next year with policy holders set to receive $6.8 billion, the company announced Wednesday. The 2023 dividend total continues a steady upward march of the company’s payouts in recent years, from $5.3 billion

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Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He also spent five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.

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