Brighthouse Finl Inc Stock Price, News & Analysis

Brighthouse Financial announced the appointment of Carol D. Juel as an independent Board member, effective November 17, 2021. Juel brings extensive technology and financial services experience, currently serving as Executive VP and Chief Technology Officer at Synchrony Financial and previously as CIO at GE Capital Retail Finance. Her expertise is expected to provide valuable insights into the company's strategy amidst a changing technology landscape. Brighthouse Financial is a leading provider of annuities and life insurance in the U.S.

Brighthouse Financial (BHF) announced a voluntary program for stockholders owning fewer than 100 shares to sell their shares conveniently. This initiative, which will be administered by Georgeson LLC, aims to cut down administrative costs. Stockholders will incur a processing fee of $3.65 per share, capped at $60 per account. Notifications will be sent by mail on October 25, 2021, with a participation deadline of January 7, 2022, unless extended. The company will not buy back shares nor recommend participation in this program.

Brighthouse Financial (BHF) will host a conference call on November 5, 2021, at 8:00 a.m. ET to discuss its third quarter financial results ending September 30, 2021. This follows the release of its earnings report and financial supplement on November 4, 2021, post-market close. Investors can access the call via the company's website or by phone after registering in advance. A replay will be available until November 26, 2021.

Brighthouse Financial is a major provider of annuities and life insurance in the U.S., focused on helping individuals achieve financial security.

Brighthouse Financial (BHF) announced quarterly distributions for its depositary shares on September 27, 2021. Holders of record as of September 10, 2021, will receive dividends of $0.4125 per Series A share, $0.421875 per Series B share, and $0.3359375 per Series C share. The dividend payments are a clear indication of the company’s commitment to returning value to its shareholders. The Series A, B, and C dividends will be paid to the respective depositaries, ensuring timely distribution to shareholders.

Brighthouse Financial reported positive financial results for Q2 2021, achieving net income available to shareholders of $10 million or $0.11 per diluted share, a significant turnaround from a net loss of $1,998 million in Q2 2020. Adjusted earnings soared to $435 million or $5.05 per diluted share, compared to $11 million in the previous year. The company saw a 25% increase in annuity sales and a remarkable 117% rise in life sales. Notably, Brighthouse Financial repurchased $125 million of its common stock and announced a new buyback program of $1 billion.

Brighthouse Financial (BHF) has initiated a substantial stock repurchase program, authorizing up to $1 billion, supplementing an existing $200 million plan. This move underscores the company's financial robustness and commitment to returning $1.5 billion to shareholders by year-end. Since its initial repurchase authorization in 2018, Brighthouse has repurchased nearly $1.3 billion, reducing shares outstanding by over 31%. The company intends to execute repurchases through various methods, including open market transactions.

Brighthouse Financial (Nasdaq: BHF) unveiled new enhancements to its Shield Level Annuities, aimed at providing clients with tailored retirement solutions. Key features include the Performance Lock for clients to secure index values, and new 1-Year Shield Options offering 15% or 25% downside protection. Additionally, the age limit for the Return of Premium Death Benefit has increased from 75 to 80. Recognized for its quality, Shield annuities were named in Barron’s 2021 Best Annuities ranking, emphasizing their commitment to client financial security.

Brighthouse Financial (Nasdaq: BHF) will hold a conference call and audio webcast on August 6, 2021, at 8:00 a.m. ET, to discuss its financial results for Q2 2021. The results will be released after market close on August 5, 2021. Investors can access the call via the Investor Relations page or by dialing (844) 358-9117. A replay will be available until August 27, 2021. Brighthouse Financial is a major provider of annuities and life insurance, specializing in helping individuals achieve financial security.

Brighthouse Financial (Nasdaq: BHF) has announced quarterly dividends for the Series A, B, and C Depositary Shares, payable on June 25, 2021. Holders of record as of June 10, 2021, will receive $0.4125 per Series A Depositary Share, $0.421875 per Series B Depositary Share, and $0.3359375 per Series C Depositary Share. This reflects the company's commitment to providing income to its shareholders. It is crucial for investors to be aware of potential risks and uncertainties that may affect future performance, as outlined in the company’s filings with the SEC.