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

Brighthouse Financial, Inc. (NASDAQ:BHFAL) declared a quarterly dividend on Tuesday, May 20th, Wall Street Journal reports. Stockholders of record on Sunday, June 1st will be given a dividend of 0.3906 per share on Monday, June 16th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.64%. The ex-dividend date is Friday, May 30th. This is a 0.0% increase from Brighthouse Financial’s previous quarterly dividend of $0.39.

Brighthouse Financial Stock Up 1.1%

Shares of NASDAQ BHFAL traded up $0.22 during mid-day trading on Tuesday, hitting $20.44. The company had a trading volume of 21,003 shares, compared to its average volume of 27,053. The business’s 50-day simple moving average is $20.49 and its 200-day simple moving average is $22.29. Brighthouse Financial has a 12 month low of $19.27 and a 12 month high of $25.47.

Brighthouse Financial Company Profile

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.