Brighthouse Financial (NASDAQ:BHFAL) Stock Crosses Above 50 Day Moving Average – Here’s Why

Brighthouse Financial, Inc. (NASDAQ:BHFAL – Get Free Report)’s stock price passed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $15.21 and traded as high as $15.37. Brighthouse Financial shares last traded at $15.36, with a volume of 22,335 shares traded.

Brighthouse Financial Price Performance

The firm’s 50 day simple moving average is $15.21 and its two-hundred day simple moving average is $16.26.

Brighthouse Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were issued a $0.3906 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $1.56 annualized dividend and a dividend yield of 10.2%.

Brighthouse Financial Company Profile

(Get Free Report)

Brighthouse Financial, Inc is a U.S.-focused life insurance and annuity company. It offers products designed to help individuals protect against financial risks and prepare for retirement, including fixed, variable and index-linked annuities, as well as term and permanent life insurance.

The company serves customers across the United States through a network of financial professionals and distribution partners. Its products are issued by Brighthouse Financial’s insurance subsidiaries.

Brighthouse Financial became an independent, publicly traded company in 2017 after its separation from MetLife.

Further Reading

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