Brighthouse Financial (NASDAQ:BHFAL) Shares Cross Above 50-Day Moving Average – Here’s Why

Brighthouse Financial, Inc. (NASDAQ:BHFAL – Get Free Report)’s stock price passed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $15.21 and traded as high as $15.37. Brighthouse Financial shares last traded at $15.36, with a volume of 22,335 shares changing hands.

Brighthouse Financial Stock Up 1.5%

The business’s 50 day moving average price is $15.21 and its 200-day moving average price is $16.26.

Brighthouse Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were given a dividend of $0.3906 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $1.56 annualized dividend and a dividend yield of 10.2%.

About Brighthouse Financial

(Get Free Report)

Brighthouse Financial, Inc is a U.S.-focused life insurance and annuity company. It offers products designed to help individuals protect against financial risks and prepare for retirement, including fixed, variable and index-linked annuities, as well as term and permanent life insurance.

The company serves customers across the United States through a network of financial professionals and distribution partners. Its products are issued by Brighthouse Financial’s insurance subsidiaries.

Brighthouse Financial became an independent, publicly traded company in 2017 after its separation from MetLife.

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