Brighthouse Financial (NASDAQ:BHFAO – Get Free Report) will likely be posting its resultson Monday, May 11th. Analysts expect Brighthouse Financial to post earnings of $4.57 per share and revenue of $2.1964 billion for the quarter.
Brighthouse Financial Price Performance
Shares of Brighthouse Financial stock traded down $0.14 during mid-day trading on Monday, hitting $16.57. 6,970 shares of the stock were exchanged, compared to its average volume of 43,720. The company has a 50-day simple moving average of $16.62 and a 200 day simple moving average of $16.45. Brighthouse Financial has a twelve month low of $14.19 and a twelve month high of $21.94.
Brighthouse Financial Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders of record on Tuesday, March 10th were issued a $0.4219 dividend. The ex-dividend date was Tuesday, March 10th. This represents a $1.69 annualized dividend and a yield of 10.2%.
Brighthouse Financial Company Profile
Brighthouse Financial, Inc is a U.S.-based provider of annuities and life insurance products focused on helping individuals secure retirement income and long-term financial protection. Established in August 2017 as a corporate spin-off from MetLife, Brighthouse offers a range of solutions designed to address market volatility, longevity risk and the need for guaranteed income streams. The company’s product portfolio includes fixed annuities, fixed indexed annuities, variable annuities and life insurance policies.
The company distributes its products through a network of independent broker-dealers, banks, registered investment advisers and career agents.
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