Brighthouse Financial (NASDAQ:BHFAM) Trading 0.8% Higher – Still a Buy?

Brighthouse Financial, Inc. (NASDAQ:BHFAMGet Free Report) shares rose 0.8% during mid-day trading on Friday . The stock traded as high as $13.51 and last traded at $13.47. Approximately 40,884 shares traded hands during mid-day trading, a decline of 18% from the average daily volume of 50,099 shares. The stock had previously closed at $13.36.

Brighthouse Financial Price Performance

The company has a 50-day simple moving average of $12.76 and a 200-day simple moving average of $14.01.

Brighthouse Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Wednesday, September 10th will be given a dividend of $0.2891 per share. The ex-dividend date is Wednesday, September 10th. This represents a $1.16 annualized dividend and a yield of 8.6%.

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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