Brighthouse Financial (NASDAQ:BHFAP) Stock Price Down 2.4% – What’s Next?

Brighthouse Financial, Inc. (NASDAQ:BHFAPGet Free Report)’s stock price dropped 2.4% during mid-day trading on Monday . The company traded as low as $15.52 and last traded at $15.65. Approximately 127,048 shares traded hands during trading, an increase of 76% from the average daily volume of 71,988 shares. The stock had previously closed at $16.03.

Brighthouse Financial Price Performance

The firm’s 50-day simple moving average is $15.99 and its 200 day simple moving average is $17.35.

Brighthouse Financial (NASDAQ:BHFAPGet Free Report) last released its earnings results on Thursday, February 10th. The company reported $2.10 EPS for the quarter. The business had revenue of $2.15 billion during the quarter.

Brighthouse Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Wednesday, December 10th will be given a dividend of $0.4125 per share. The ex-dividend date of this dividend is Wednesday, December 10th. This represents a $1.65 dividend on an annualized basis and a dividend yield of 10.5%.

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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