Shares of Brighthouse Financial, Inc. (NASDAQ:BHFAP – Get Free Report) shot up 1.6% during trading on Monday . The stock traded as high as $16.29 and last traded at $16.21. 114,126 shares changed hands during trading, an increase of 79% from the average session volume of 63,742 shares. The stock had previously closed at $15.96.
Brighthouse Financial Stock Up 1.6%
The stock’s fifty day simple moving average is $17.22 and its two-hundred day simple moving average is $18.49.
Brighthouse Financial Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Wednesday, September 10th were paid a dividend of $0.4125 per share. The ex-dividend date was Wednesday, September 10th. This represents a $1.65 annualized dividend and a yield of 10.2%.
About Brighthouse Financial
Brighthouse Financial, Inc provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment consists of variable, fixed, index-linked, and income annuities for contract holders' needs for protected wealth accumulation on a tax-deferred basis, wealth transfer, and income security.
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