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Brighthouse Financial Announces Preferred Stock Dividend and Related Depositary Share Distribution

Published May 15, 2019 04:15 PM EDT on BusinessWire

Brighthouse Financial, Inc. (the “company”) (Nasdaq: BHF) today announced that on June 25, 2019, holders of record as of June 10, 2019 (the “Record Date”) of its depositary shares (the “Depositary Shares” (Nasdaq: BHFAP)), each representing a 1/1,000th interest in a share of its 6.600% Non-Cumulative Preferred Stock, Series A (the “Preferred Stock”), will receive a quarterly distribution in an amount of $0.4125 per Depositary Share resulting from the company’s declaration of a quarterly dividend on the Preferred Stock, which underlies the Depositary Shares. On June 25, 2019, this Preferred Stock dividend will be paid, in an amount of $412.50 per share, to the depositary for the Preferred Stock. The depositary will, in turn, distribute such dividend to the holders of record of the Depositary Shares as of the Record Date.... Read more


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