Brighthouse Financial's Preferred Stock, Series A Yield Pushes Past 7%

In trading on Thursday, shares of Brighthouse Financial Inc's 6.600% Non-Cumulative Preferred Stock, Series A (BHFAP) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.65), with shares changing hands as low as $23.27 on the day. This compares to an average yield of 6.54% in the "Life & Health Insurance" preferred stock category, according to Preferred Stock Channel..