Brighthouse Financial (NASDAQ:BHFAM) Trading Down 1% – Here’s What Happened

Brighthouse Financial, Inc. (NASDAQ:BHFAMGet Free Report) shares traded down 1% on Monday . The company traded as low as $15.80 and last traded at $15.92. 78,537 shares traded hands during trading, an increase of 124% from the average session volume of 35,135 shares. The stock had previously closed at $16.08.

Brighthouse Financial Stock Performance

The firm’s 50 day simple moving average is $17.12 and its 200 day simple moving average is $17.08.

Brighthouse Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 26th. Shareholders of record on Tuesday, December 10th will be issued a $0.2891 dividend. The ex-dividend date is Tuesday, December 10th. This represents a $1.16 dividend on an annualized basis and a yield of 7.40%.

Brighthouse Financial Company Profile

(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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