Brighthouse Financial, Inc. (NASDAQ:BHFAL) Raises Dividend to $0.39 Per Share

Brighthouse Financial, Inc. (NASDAQ:BHFAL) declared a quarterly dividend on Friday, November 17th, Wall Street Journal reports. Stockholders of record on Friday, December 1st will be paid a dividend of 0.3906 per share on Friday, December 15th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.42%. The ex-dividend date of this dividend is Thursday, November 30th. This is a positive change from Brighthouse Financial’s previous quarterly dividend of $0.39.

Brighthouse Financial Stock Performance

NASDAQ:BHFAL traded down $0.02 during mid-day trading on Friday, hitting $21.05. The company’s stock had a trading volume of 26,918 shares, compared to its average volume of 17,360. Brighthouse Financial has a fifty-two week low of $19.10 and a fifty-two week high of $25.57. The stock has a fifty day moving average of $21.69 and a 200-day moving average of $22.56.

About Brighthouse Financial

Brighthouse Financial, Inc operates as a holding company, which engages in the provision of life insurance and annuities through independent distribution channels and marketing arrangements with diverse network of distribution partners. It operates through the following segments: Annuities; Life; Run-Off; and Corporate & Others.