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Northwestern Mutual paying $6.2B to policyholders via 2021 dividend

Northwestern Mutual will pay an estimated $6.2 billion to its policyholders through the 2021 dividend payout.

Policyowners can use dividends to increase the cash value, and in some cases the death benefits, of their policies; reduce the cost of their premiums; or fund immediate needs by receiving the dividends as cash.

Northwestern Mutual is the marketing name for Northwestern Mutual Life Insurance Co.