Brighthouse Financial (BHFAM) Expected to Announce Earnings on Monday

Brighthouse Financial (NASDAQ:BHFAM) is anticipated to release its resultson Monday, May 11th. Analysts expect Brighthouse Financial to post earnings of $4.57 per share and revenue of $2.1964 billion for the quarter.

Brighthouse Financial Stock Down 1.3%

Shares of BHFAM stock traded down $0.16 during trading hours on Monday, reaching $11.64. The stock had a trading volume of 1,645 shares, compared to its average volume of 42,035. Brighthouse Financial has a twelve month low of $10.21 and a twelve month high of $15.66. The firm has a 50-day simple moving average of $11.69 and a 200-day simple moving average of $11.71.

Brighthouse Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Tuesday, March 10th were issued a $0.2891 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 9.9%. The ex-dividend date of this dividend was Tuesday, March 10th.

About Brighthouse Financial

Brighthouse Financial, Inc (NASDAQ: BHFAM) is a U.S.-based provider of life insurance and annuity products designed to help individuals and families pursue long-term financial security. The company offers a range of fixed and fixed-indexed annuities, term and permanent life insurance policies, and related income protection solutions. Through its product portfolio, Brighthouse Financial seeks to address the retirement income needs of its clients and deliver predictable cash flows over time.

Established as an independent public company in August 2017 following a spin-off from MetLife, Brighthouse Financial has focused on streamlining operations and narrowing its business scope to core retirement and protection offerings.