Brighthouse Financial (NASDAQ:BHFAP) Trading 1% Higher – Time to Buy?

Brighthouse Financial, Inc. (NASDAQ:BHFAP)’s share price was up 1% during trading on Tuesday . The company traded as high as $15.09 and last traded at $15.09. Approximately 154,571 shares were traded during trading, an increase of 107% from the average daily volume of 74,795 shares. The stock had previously closed at $14.94.

Brighthouse Financial Stock Up 1.0%

The company’s fifty day moving average is $15.77 and its two-hundred day moving average is $16.77.

Brighthouse Financial (NASDAQ:BHFAP) last announced its quarterly earnings data on Thursday, February 10th. The company reported $2.10 EPS for the quarter. The firm had revenue of $2.15 billion during the quarter.

Brighthouse Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 10th were issued a dividend of $0.4125 per share. This represents a $1.65 dividend on an annualized basis and a yield of 10.9%. The ex-dividend date of this dividend was Wednesday, December 10th.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc is a U.S.-based provider of retirement and protection solutions, formed in August 2017 as a spin-off from MetLife, Inc Headquartered in Charlotte, North Carolina, the company focuses on helping individuals and families secure their financial futures through a range of insurance and annuity products. Since its inception, Brighthouse Financial has operated independently, building its own brand and capabilities in the quickly evolving retirement-services market.

The company’s core business centers on the design, manufacture and distribution of fixed annuities, fixed indexed annuities and other guaranteed retirement-income products.