Brighthouse Financial, Inc. (NASDAQ:BHFAP – Get Free Report) announced a quarterly dividend on Friday, May 15th. Stockholders of record on Wednesday, June 10th will be paid a dividend of 0.4125 per share on Thursday, June 25th. This represents a c) annualized dividend and a dividend yield of 10.4%. The ex-dividend date of this dividend is Wednesday, June 10th.
Brighthouse Financial Price Performance
Shares of NASDAQ:BHFAP traded down $0.09 during trading on Friday, hitting $15.90. 21,966 shares of the stock were exchanged, compared to its average volume of 34,679. The company has a fifty day moving average price of $15.91 and a two-hundred day moving average price of $16.03. Brighthouse Financial has a 12-month low of $14.02 and a 12-month high of $21.40.
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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