Brighthouse Financial, Inc. (NASDAQ:BHFAM – Get Free Report) announced a quarterly dividend on Monday, August 17th. Shareholders of record on Thursday, September 10th will be paid a dividend of 0.2891 per share on Friday, September 25th. This represents a c) dividend on an annualized basis and a yield of 12.1%. The ex-dividend date is Thursday, September 10th.
Brighthouse Financial Trading Down 0.5%
Shares of NASDAQ:BHFAM traded down $0.05 on Monday, hitting $9.54. 146,574 shares of the company’s stock were exchanged, compared to its average volume of 42,640. Brighthouse Financial has a 1-year low of $9.45 and a 1-year high of $14.20. The firm’s 50-day moving average is $10.37 and its 200 day moving average is $11.22.
About Brighthouse Financial
Brighthouse Financial, Inc (NASDAQ: BHFAM) is a U.S.-based provider of life insurance and annuity products designed to help individuals and families pursue long-term financial security. The company offers a range of fixed and fixed-indexed annuities, term and permanent life insurance policies, and related income protection solutions. Through its product portfolio, Brighthouse Financial seeks to address the retirement income needs of its clients and deliver predictable cash flows over time.
Established as an independent public company in August 2017 following a spin-off from MetLife, Brighthouse Financial has focused on streamlining operations and narrowing its business scope to core retirement and protection offerings.
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