Ex-Div Reminder for Brighthouse Financial Non-Cumulative Preferred Stock, Series A
On 6/9/22, Brighthouse Financial Inc’s 6.600% Non-Cumulative Preferred Stock, Series A (Symbol: BHFAP) will trade ex-dividend, for its quarterly dividend of $0.4125, payable on 6/27/22. As a percentage of BHFAP’s recent share price of $25.31, this dividend works out to approximately 1.63%, so look for shares of BHFAP to trade 1.63% lower — all else being equal — when BHFAP shares open for trading on 6/9/22. On an annualized basis, the current yield is approximately 6.51%, which compares to an average yield of 6.20% in the “Life & Health Insurance” preferred stock category, according to Preferred Stock Channel. The chart below shows the one year performance of BHFAP shares, versus BHF:
Below is a dividend history chart for BHFAP, showing historical dividends prior to the most recent $0.4125 on Brighthouse Financial Inc’s 6.600% Non-Cumulative Preferred Stock, Series A:
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In Tuesday trading, Brighthouse Financial Inc’s 6.600% Non-Cumulative Preferred Stock, Series A (Symbol: BHFAP) is currently off about 0.2% on the day, while the common shares (Symbol: BHF) are up about 0.3%.
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