Brighthouse Financial, 5.375% Dep Shares Series C Non-Cumul Perp Preferred Stock (BHFAN)

Today I want to present you with a very interesting preferred stock - BHFAN.

Description

BHFAN - Brighthouse Financial, Inc., 5.375% Depositary Shares,  Series C Non-Cumulative Perpetual Preferred Stock, liquidation preference $25 per depositary share, redeemable at the issuer's option on or after 12/25/2025 at $25 per depositary share plus declared and unpaid dividends, and with no stated maturity.

The company may redeem the depositary shares before 12/25/2025 at 100% of their principal amount plus accrued and unpaid interest. A dividend of $0.34 is paid quarterly, at $1,34 per annum. The next ex-dividend date is scheduled for 10 March 2025.