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

Brighthouse Financial, Inc. (NASDAQ:BHFAM) declared a quarterly dividend on Tuesday, February 18th,Wall Street Journal reports. Shareholders of record on Monday, March 10th will be given a dividend of 0.2891 per share on Tuesday, March 25th. This represents a $1.16 annualized dividend and a yield of 7.50%. The ex-dividend date is Monday, March 10th.

Brighthouse Financial Trading Down 1.2 %

NASDAQ:BHFAM traded down $0.19 during mid-day trading on Wednesday, hitting $15.43. The company had a trading volume of 31,921 shares, compared to its average volume of 61,182. Brighthouse Financial has a fifty-two week low of $14.50 and a fifty-two week high of $18.95. The business’s fifty day moving average is $15.79 and its two-hundred day moving average is $16.88.

About Brighthouse Financial

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.