Brighthouse Financial (NASDAQ:BHFAP) Shares Down 0.1% – Should You Sell?

Brighthouse Financial, Inc. (NASDAQ:BHFAP) fell 0.1% during trading on Tuesday. The company traded as low as $12.59 and last traded at $12.61. 25,804 shares were traded during trading, a decline of 27% from the average session volume of 35,448 shares. The stock had previously closed at $12.62.

Brighthouse Financial Stock Down 0.8%

The stock has a 50 day moving average of $13.71 and a 200 day moving average of $14.64.

Brighthouse Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Thursday, September 10th were given a $0.4125 dividend. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $1.65 annualized dividend and a yield of 13.1%.

About Brighthouse Financial

Brighthouse Financial, Inc is a U.S.-based insurance and retirement services company focused on helping individuals and families achieve financial security. The company primarily provides annuities and life insurance products designed to support income planning, wealth transfer, protection, and other long-term financial needs.

Brighthouse Financial offers a range of annuity products, including fixed, indexed, and variable annuities. Its life insurance portfolio includes products such as term life insurance and permanent life insurance, which may provide death-benefit protection and, depending on the policy, cash-value accumulation.