Brighthouse Financial (NASDAQ:BHFAO) Stock Price Down 2.5%

Brighthouse Financial, Inc. (NASDAQ:BHFAOGet Free Report) dropped 2.5% on Tuesday . The company traded as low as $25.29 and last traded at $25.31. Approximately 26,533 shares changed hands during trading, a decline of 0% from the average daily volume of 26,609 shares. The stock had previously closed at $25.95.

Brighthouse Financial Stock Performance

The business’s 50 day moving average is $25.06 and its two-hundred day moving average is $24.58.

Brighthouse Financial Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 25th. Investors of record on Tuesday, September 10th will be paid a dividend of $0.4219 per share. This represents a $1.69 dividend on an annualized basis and a yield of 6.60%. The ex-dividend date is Tuesday, September 10th. This is an increase from Brighthouse Financial’s previous quarterly dividend of $0.42.

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.

Further Reading

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