Brighthouse Financial, Inc. (NASDAQ:BHFAM) to Issue Quarterly Dividend of $0.29

Brighthouse Financial, Inc. (NASDAQ:BHFAM) announced a quarterly dividend on Tuesday, February 17th. Shareholders of record on Tuesday, March 10th will be given a dividend of 0.2891 per share on Wednesday, March 25th. This represents a c) annualized dividend and a yield of 9.4%. The ex-dividend date is Tuesday, March 10th.

Brighthouse Financial Price Performance

Shares of BHFAM stock traded up $0.09 during trading hours on Tuesday, reaching $12.28. 12,926 shares of the company were exchanged, compared to its average volume of 54,352. Brighthouse Financial has a fifty-two week low of $10.21 and a fifty-two week high of $15.75. The stock’s fifty day moving average is $11.65 and its two-hundred day moving average is $12.05.

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.