Brighthouse Financial, Inc. (NASDAQ:BHFAL – Get Free Report) fell 0.6% on Wednesday . The company traded as low as $16.51 and last traded at $16.73. 83,923 shares traded hands during mid-day trading, an increase of 116% from the average session volume of 38,800 shares. The stock had previously closed at $16.83.
Brighthouse Financial Stock Performance
The firm has a 50-day moving average of $17.60 and a 200-day moving average of $18.68.
Brighthouse Financial Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 1st will be issued a dividend of $0.3906 per share. This represents a $1.56 dividend on an annualized basis and a yield of 9.3%. The ex-dividend date of this dividend is Monday, December 1st.
Brighthouse Financial Company Profile
Brighthouse Financial, Inc operates as a holding company, which engages in the provision of life insurance and annuities through independent distribution channels and marketing arrangements with diverse network of distribution partners. It operates through the following segments: Annuities; Life; Run-Off; and Corporate & Others.
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