Brighthouse Financial (NASDAQ:BHFAN) Stock Price Down 0.2% – Here’s What Happened

Brighthouse Financial, Inc. (NASDAQ:BHFAN) shares were down 0.2% during mid-day trading on Friday . The company traded as low as $12.23 and last traded at $12.25. Approximately 25,454 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 76,432 shares. The stock had previously closed at $12.28.

Brighthouse Financial Stock Down 0.2%

The stock has a fifty day simple moving average of $12.84 and a 200-day simple moving average of $13.05.

Brighthouse Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Wednesday, June 10th will be given a $0.3359 dividend. The ex-dividend date is Wednesday, June 10th. This represents a $1.34 dividend on an annualized basis and a dividend yield of 11.0%.

About Brighthouse Financial

Brighthouse Financial, Inc is a U.S.-based provider of annuity and life insurance products that was spun off from MetLife in August 2017. Headquartered in Charlotte, North Carolina, the company focuses on helping individuals and families prepare for retirement by offering a range of guaranteed-income solutions. Brighthouse Financial operates as a standalone public company under the ticker BHFAN on the NASDAQ exchange.

The company’s product portfolio includes fixed indexed annuities, fixed deferred annuities and lifetime income solutions designed to deliver predictable retirement cash flows.