Brighthouse Financial, Inc. (NASDAQ:BHFAP – Get Free Report)’s stock price was up 0.6% during mid-day trading on Tuesday . The company traded as high as $14.42 and last traded at $14.39. Approximately 20,454 shares changed hands during trading, a decline of 41% from the average session volume of 34,617 shares. The stock had previously closed at $14.30.
Brighthouse Financial Stock Performance
The company’s 50 day simple moving average is $14.17 and its 200-day simple moving average is $15.18.
Brighthouse Financial Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Thursday, September 10th will be issued a dividend of $0.4125 per share. This represents a $1.65 annualized dividend and a dividend yield of 12.0%. The ex-dividend date of this dividend is Thursday, September 10th.
About Brighthouse Financial
Brighthouse Financial, Inc is a U.S.-based provider of retirement and protection solutions, formed in August 2017 as a spin-off from MetLife, Inc Headquartered in Charlotte, North Carolina, the company focuses on helping individuals and families secure their financial futures through a range of insurance and annuity products. Since its inception, Brighthouse Financial has operated independently, building its own brand and capabilities in the quickly evolving retirement-services market.
The company’s core business centers on the design, manufacture and distribution of fixed annuities, fixed indexed annuities and other guaranteed retirement-income products.
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