Brighthouse Financial (NASDAQ:BHFAP) Shares Down 1.5% – What’s Next?

Brighthouse Financial, Inc. (NASDAQ:BHFAPGet Free Report) shares fell 1.5% during trading on Wednesday . The stock traded as low as $19.30 and last traded at $19.50. 58,138 shares traded hands during mid-day trading, an increase of 71% from the average session volume of 33,986 shares. The stock had previously closed at $19.80.

Brighthouse Financial Price Performance

The company has a 50-day moving average price of $19.72 and a 200 day moving average price of $21.56.

Brighthouse Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Tuesday, June 10th will be issued a $0.4125 dividend. The ex-dividend date is Tuesday, June 10th. This represents a $1.65 dividend on an annualized basis and a yield of 8.46%.

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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