Brighthouse Financial (NASDAQ:BHFAL) Trading 0.3% Higher – Here’s Why

Brighthouse Financial, Inc. (NASDAQ:BHFALGet Free Report) shares were up 0.3% during trading on Monday . The company traded as high as $15.51 and last traded at $15.42. 22,281 shares changed hands during mid-day trading, a decline of 12% from the average session volume of 25,336 shares. The stock had previously closed at $15.37.

Brighthouse Financial Trading Up 1.9%

The firm has a fifty day simple moving average of $15.55 and a 200-day simple moving average of $16.18.

Brighthouse Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were given a dividend of $0.3906 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $1.56 dividend on an annualized basis and a dividend yield of 9.8%.

About Brighthouse Financial

(Get Free Report)

Brighthouse Financial, which trades under the ticker NASDAQ:BHFAL, is a U.S.-based financial services company that was established in April 2017 through the separation of MetLife’s retail business. The company focuses on helping individuals achieve lifetime financial security by offering a range of retirement income and protection products. Since its spin-off, Brighthouse has operated as an independent, publicly traded entity with a dedicated emphasis on annuities and life insurance solutions.

The company’s core product suite includes fixed and variable annuities designed to provide predictable retirement income, as well as life insurance policies that offer estate planning benefits and death-benefit protection.

Further Reading

Receive News & Ratings for Brighthouse Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brighthouse Financial and related companies with MarketBeat.com's FREE daily email newsletter.