Brighthouse Financial (NASDAQ:BHFAN) Trading Down 1.4% – Here’s Why

Brighthouse Financial, Inc. (NASDAQ:BHFANGet Free Report)’s share price was down 1.4% during trading on Wednesday . The company traded as low as $15.83 and last traded at $16.24. Approximately 47,455 shares traded hands during trading, a decline of 27% from the average daily volume of 65,149 shares. The stock had previously closed at $16.47.

Brighthouse Financial Trading Down 1.4%

The business has a fifty day moving average of $15.87 and a 200 day moving average of $17.36.

Brighthouse Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 25th. Stockholders of record on Tuesday, June 10th will be paid a dividend of $0.3359 per share. The ex-dividend date of this dividend is Tuesday, June 10th. This represents a $1.34 annualized dividend and a dividend yield of 8.27%.

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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