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

Brighthouse Financial, Inc. (NASDAQ:BHFAP) announced a quarterly dividend on Tuesday, February 17th. Stockholders of record on Tuesday, March 10th will be given a dividend of 0.4125 per share on Wednesday, March 25th. This represents a c) annualized dividend and a dividend yield of 9.9%. The ex-dividend date of this dividend is Tuesday, March 10th.

Brighthouse Financial Trading Up 1.5%

Shares of BHFAP traded up $0.25 on Tuesday, reaching $16.75. The company’s stock had a trading volume of 57,260 shares, compared to its average volume of 38,734. Brighthouse Financial has a twelve month low of $14.02 and a twelve month high of $21.84. The firm has a fifty day moving average of $15.91 and a 200-day moving average of $16.37.

About Brighthouse Financial

Brighthouse Financial, Inc is a U.S.-based provider of retirement and protection solutions, formed in August 2017 as a spin-off from MetLife, Inc Headquartered in Charlotte, North Carolina, the company focuses on helping individuals and families secure their financial futures through a range of insurance and annuity products. Since its inception, Brighthouse Financial has operated independently, building its own brand and capabilities in the quickly evolving retirement-services market.

The company’s core business centers on the design, manufacture and distribution of fixed annuities, fixed indexed annuities and other guaranteed retirement-income products.