Brighthouse Financial, Inc. (NASDAQ:BHFAM) Declares $0.29 Quarterly Dividend

Brighthouse Financial, Inc. (NASDAQ:BHFAM) announced a quarterly dividend on Friday, November 17th, Wall Street Journal reports. Investors of record on Sunday, December 10th will be paid a dividend of 0.2891 per share on Tuesday, December 26th. This represents a $1.16 annualized dividend and a dividend yield of 8.09%. The ex-dividend date of this dividend is Thursday, December 7th.

Brighthouse Financial Price Performance

BHFAM stock traded up $0.16 during midday trading on Friday, hitting $14.30. 24,006 shares of the company’s stock were exchanged, compared to its average volume of 36,413. Brighthouse Financial has a 12-month low of $12.45 and a 12-month high of $18.75. The firm has a 50 day moving average price of $14.11 and a 200-day moving average price of $14.43.

Brighthouse Financial Company Profile

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 offers 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.