Brighthouse Financial, Inc. to Issue Quarterly Dividend of $0.41 (NASDAQ:BHFAP)

Brighthouse Financial, Inc. (NASDAQ:BHFAP) declared a quarterly dividend on Tuesday, February 18th,Wall Street Journal reports. Investors of record on Monday, March 10th will be given a dividend of 0.4125 per share on Tuesday, March 25th. This represents a $1.65 annualized dividend and a dividend yield of 7.60%. The ex-dividend date of this dividend is Monday, March 10th.

Brighthouse Financial Stock Down 0.5 %

NASDAQ:BHFAP traded down $0.10 during trading hours on Wednesday, hitting $21.70. 31,592 shares of the company were exchanged, compared to its average volume of 45,600. Brighthouse Financial has a 52-week low of $20.19 and a 52-week high of $25.51. The company’s 50 day moving average price is $22.10 and its 200-day moving average price is $23.62.

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 consists of 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.