ICMIF member Thrivent (USA), a membership-owned financial services organisation, has announced it will provide a record USD 564 million payout to its clients in 2025. The total comprises USD 432 million in dividends and USD 132 million in non-guaranteed policy enhancements, which include benefits such as increased credited interest and reduced fees. The total marks a 4% increase from the organisation’s previous record payout in 2024, making 2025 the third consecutive year of Thrivent achieving a new high in total client distributions.
Founded over 120 years ago, Thrivent operates as a mutual organisation with no stockholders, distributing value to clients rather than shareholders. Since 2022, the organisation has leveraged its strong financial performance to achieve a 93% increase in client payouts, rising from USD 292 million in 2022 to USD 564 million in 2025. David Royal, Chief Financial and Investment Officer, Thrivent (United States), credited the organisation’s consistent financial management and focus on client value. “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,” said Royal.
Thrivent’s focus on client value is evidenced by over USD 3 billion in dividends and policy enhancements returned to clients in the past decade alone. With its robust surplus position and stable operating performance, Thrivent continues to hold top-tier ratings from major financial agencies. As of December 2023, Thrivent had USD 179 billion in assets under advisement, an A++ (Superior) rating from ICMIF Supporting Member AM Best, an Aa2 (Excellent) rating from Moody’s Investors Service, and an AA+ (Very Strong) rating from S&P Global Ratings. These ratings highlight Thrivent’s financial strength and its ability to meet its commitments to members.
Through both digital channels and its network of financial advisors, Thrivent offers a portfolio of insurance, investment, banking, and financial advisory services. Thrivent says this record-breaking 2025 payout reinforces its mission to promote financial security, clarity, and generosity among its clients, reflecting its dedication to their long-term well-being.
