Brighthouse Financial, Inc. (NASDAQ:BHFAL – Get Free Report) fell 0.7% during mid-day trading on Thursday . The company traded as low as $20.01 and last traded at $20.23. 12,954 shares traded hands during mid-day trading, a decline of 49% from the average session volume of 25,549 shares. The stock had previously closed at $20.37.
Brighthouse Financial Price Performance
The stock’s 50 day moving average price is $20.67 and its 200 day moving average price is $22.55.
Brighthouse Financial Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Saturday, March 1st were given a dividend of $0.3906 per share. The ex-dividend date was Friday, February 28th. This represents a $1.56 annualized dividend and a dividend yield of 7.73%.
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.
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