Brighthouse Financial (NASDAQ:BHFAM) Trading 0.3% Higher – What’s Next?

Brighthouse Financial, Inc. (NASDAQ:BHFAM)’s stock price shot up 0.3% during mid-day trading on Monday . The stock traded as high as $11.49 and last traded at $11.35. 19,990 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 44,782 shares. The stock had previously closed at $11.32.

Brighthouse Financial Trading Up 0.3%

The business has a fifty day moving average price of $12.05 and a 200 day moving average price of $11.93.

Brighthouse Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 25th. Shareholders of record on Tuesday, March 10th will be paid a dividend of $0.2891 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $1.16 annualized dividend and a yield of 10.2%.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc (NASDAQ: BHFAM) is a U.S.-based provider of life insurance and annuity products designed to help individuals and families pursue long-term financial security. The company offers a range of fixed and fixed-indexed annuities, term and permanent life insurance policies, and related income protection solutions. Through its product portfolio, Brighthouse Financial seeks to address the retirement income needs of its clients and deliver predictable cash flows over time.

Established as an independent public company in August 2017 following a spin-off from MetLife, Brighthouse Financial has focused on streamlining operations and narrowing its business scope to core retirement and protection offerings.