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Brighthouse Financial Announces Preferred Stock Dividend and Related Depositary Share Distribution

Published February 14, 2020 04:15 PM EST on BusinessWire

Brighthouse Financial, Inc. (“Brighthouse Financial” or the “company”) (Nasdaq: BHF) announced today that on March 25, 2020, holders of record as of March 10, 2020 (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 March 25, 2020, 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