Brighthouse Financial (NASDAQ:BHFAM) Stock Price Up 1.2%

Brighthouse Financial, Inc. (NASDAQ:BHFAMGet Free Report)’s share price rose 1.2% during trading on Monday . The stock traded as high as $15.78 and last traded at $15.72. Approximately 23,795 shares changed hands during mid-day trading, a decline of 43% from the average daily volume of 41,727 shares. The stock had previously closed at $15.53.

Brighthouse Financial Stock Up 1.2 %

The firm has a fifty day simple moving average of $16.43 and a 200 day simple moving average of $15.53.

Brighthouse Financial Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 25th. Stockholders of record on Sunday, March 10th were issued a $0.2891 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This is a boost from Brighthouse Financial’s previous quarterly dividend of $0.29. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.36%.

Brighthouse Financial Company Profile

(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.

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