Brighthouse Financial (NASDAQ:BHFAM) Stock Price Down 1% – Time to Sell?

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

Brighthouse Financial Price Performance

The company’s 50 day moving average price is $17.12 and its two-hundred day moving average price is $17.08.

Brighthouse Financial Announces Dividend

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

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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