Brighthouse Financial (NASDAQ:BHFAN) Stock Price Up 0.6% – Here’s What Happened

Shares of Brighthouse Financial, Inc. (NASDAQ:BHFAN) were up 0.6% during trading on Monday . The stock traded as high as $11.52 and last traded at $11.36. Approximately 32,598 shares changed hands during mid-day trading, a decline of 55% from the average session volume of 73,013 shares. The stock had previously closed at $11.29.

Brighthouse Financial Stock Performance

The business’s fifty day moving average price is $11.45 and its two-hundred day moving average price is $12.21.

Brighthouse Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Thursday, September 10th will be given a $0.3359 dividend. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.34 dividend on an annualized basis and a dividend yield of 11.4%.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc is a U.S.-based provider of annuity and life insurance products that was spun off from MetLife in August 2017. Headquartered in Charlotte, North Carolina, the company focuses on helping individuals and families prepare for retirement by offering a range of guaranteed-income solutions. Brighthouse Financial operates as a standalone public company under the ticker BHFAN on the NASDAQ exchange.

The company’s product portfolio includes fixed indexed annuities, fixed deferred annuities and lifetime income solutions designed to deliver predictable retirement cash flows.