Brighthouse Financial, Inc. (NASDAQ:BHFAO – Get Free Report) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totalling 2,000 shares, a decline of 85.6% from the September 15th total of 13,900 shares. Based on an average trading volume of 21,300 shares, the days-to-cover ratio is presently 0.1 days.
Brighthouse Financial Stock Down 0.3 %
NASDAQ:BHFAO opened at $25.01 on Friday. Brighthouse Financial has a 52 week low of $19.53 and a 52 week high of $26.00. The firm’s fifty day moving average is $25.28 and its 200-day moving average is $24.65.
Brighthouse Financial Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Tuesday, September 10th were paid a $0.4219 dividend. This is a positive change from Brighthouse Financial’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend was Tuesday, September 10th. This represents a $1.69 annualized dividend and a dividend yield of 6.75%.
Brighthouse Financial Company Profile
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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