Brighthouse Financial, Inc. (NASDAQ:BHFAP – Get Free Report) announced a quarterly dividend on Monday, August 17th. Stockholders of record on Thursday, September 10th will be given a dividend of 0.4125 per share on Friday, September 25th. This represents a c) dividend on an annualized basis and a dividend yield of 12.2%. The ex-dividend date is Thursday, September 10th.
Brighthouse Financial Stock Down 1.1%
Shares of NASDAQ:BHFAP traded down $0.15 during midday trading on Monday, reaching $13.51. The company had a trading volume of 48,292 shares, compared to its average volume of 33,783. The stock’s fifty day moving average price is $14.47 and its 200-day moving average price is $15.51. Brighthouse Financial has a one year low of $13.44 and a one year high of $18.70.
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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