Brighthouse Financial (NASDAQ:BHFAM) Trading Down 0.4% – Here’s What Happened

Brighthouse Financial, Inc. (NASDAQ:BHFAMGet Free Report) dropped 0.4% during trading on Monday . The stock traded as low as $14.86 and last traded at $15.00. Approximately 38,680 shares changed hands during mid-day trading, a decline of 46% from the average daily volume of 71,515 shares. The stock had previously closed at $15.06.

Brighthouse Financial Price Performance

The company’s 50-day moving average price is $16.03 and its 200 day moving average price is $16.94.

Brighthouse Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 26th. Shareholders of record on Tuesday, December 10th were issued a dividend of $0.2891 per share. The ex-dividend date was Tuesday, December 10th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.71%.

About Brighthouse Financial

(Get Free Report)

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.

Further Reading

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