Brighthouse Financial (NASDAQ:BHFAM) Trading Down 1% – What’s Next?

Brighthouse Financial, Inc. (NASDAQ:BHFAMGet Free Report)’s stock price dropped 1% during mid-day trading on Monday . The stock traded as low as $15.80 and last traded at $15.92. Approximately 78,537 shares changed hands during mid-day trading, an increase of 124% from the average daily volume of 35,135 shares. The stock had previously closed at $16.08.

Brighthouse Financial Stock Down 1.0 %

The stock has a fifty day moving average price of $17.18 and a 200 day moving average price of $17.09.

Brighthouse Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 26th. Shareholders of record on Tuesday, December 10th will be given a dividend of $0.2891 per share. This represents a $1.16 dividend on an annualized basis and a yield of 7.26%. The ex-dividend date of this dividend is Tuesday, December 10th.

About Brighthouse Financial

(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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