Shares of Brighthouse Financial, Inc. (NASDAQ:BHFAP – Get Free Report) dropped 1.5% on Wednesday . The company traded as low as $19.30 and last traded at $19.50. Approximately 58,138 shares traded hands during mid-day trading, an increase of 71% from the average daily volume of 33,986 shares. The stock had previously closed at $19.80.
Brighthouse Financial Stock Performance
The firm has a 50-day moving average price of $19.72 and a two-hundred day moving average price of $21.56.
Brighthouse Financial Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 25th. Investors of record on Tuesday, June 10th will be paid a $0.4125 dividend. This represents a $1.65 annualized dividend and a yield of 8.46%. The ex-dividend date is Tuesday, June 10th.
About Brighthouse Financial
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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