Brighthouse Financial, Inc. (NASDAQ:BHFAO) Plans Quarterly Dividend of $0.42

Brighthouse Financial, Inc. (NASDAQ:BHFAO) declared a quarterly dividend on Friday, November 17th, Wall Street Journal reports. Stockholders of record on Sunday, December 10th will be given a dividend of 0.4219 per share on Tuesday, December 26th. This represents a $1.69 dividend on an annualized basis and a dividend yield of 7.63%. The ex-dividend date is Thursday, December 7th. This is an increase from Brighthouse Financial’s previous quarterly dividend of $0.42.

Brighthouse Financial Stock Performance

Shares of NASDAQ BHFAO traded up $0.17 during mid-day trading on Friday, reaching $22.11. 53,372 shares of the company’s stock were exchanged, compared to its average volume of 29,559. Brighthouse Financial has a 52-week low of $19.53 and a 52-week high of $26.84. The company’s 50-day moving average is $22.57 and its 200-day moving average is $23.22.

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.