OGBDT and Policyowner Dividends*
In 2019, operating gain before dividends and taxes (OGBDT) and policyowner dividends increased 2% and 6%, respectively.
Our goal is to pay the highest possible dividends while sustaining our unsurpassed financial strength. OGBDT is the amount left over from revenue to fund dividends and surplus after policyowner benefits and expenses have been paid. This reflects our efficiency, what we've paid and reserved for benefits, and the performance of our investments.
*While dividends are reviewed annually and not guaranteed, Northwestern Mutual has paid dividends every year since 1872.