Brighthouse Financial, Inc. (NASDAQ:BHFAO – Get Free Report) was the recipient of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 10,605 shares, a drop of 42.4% from the August 15th total of 18,420 shares. Based on an average trading volume of 38,879 shares, the short-interest ratio is presently 0.3 days.
Brighthouse Financial Price Performance
Shares of NASDAQ BHFAO opened at $13.90 on Thursday. Brighthouse Financial has a fifty-two week low of $13.74 and a fifty-two week high of $18.18. The firm’s 50-day simple moving average is $14.42 and its 200 day simple moving average is $15.51.
Brighthouse Financial Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Thursday, September 10th will be issued a dividend of $0.4219 per share. This represents a $1.69 dividend on an annualized basis and a yield of 12.1%. The ex-dividend date of this dividend is Thursday, September 10th.
About Brighthouse Financial
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.
Recommended Stories
- Five stocks we like better than Brighthouse Financial
- This Gold ETF Turns a Non-Yielding Asset Into Monthly Income—But There’s a Catch
- Analysts See Double-Digit Upside for These 3 Stocks
- 3 Luxury Consumer Brands to Watch in a Beaten-Down Sector
- Jackson’s Record Quarter Powers the Bull Case
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.
