
Brighthouse Financial, Inc. (&#34;Brighthouse Financial&#34; or the &#34;company&#34;) (NASDAQ:BHF) announced today that on September 25, 2026, holders of record as of September 10, 2026 (the &#34;Record Date&#34;) of

<p xmlns="http://www.w3.org/1999/xhtml">
Brighthouse Financial, Inc. ("Brighthouse Financial" or the "company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/BHF">BHF</a>) announced today that on September 25, 2026, holders of record as of September 10, 2026 (the "Record Date") of (i) its depositary shares (the "Series A 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 "Series A Preferred Stock"), (ii) its depositary shares (the "Series B Depositary Shares" (Nasdaq: BHFAO)), each representing a 1/1,000th interest in a share of its 6.750% Non-Cumulative Preferred Stock, Series B (the "Series B Preferred Stock"), (iii) its depositary shares (the "Series C Depositary Shares" (Nasdaq: BHFAN)), each representing a 1/1,000th interest in a share of its 5.375% Non-Cumulative Preferred Stock, Series C (the "Series C Preferred Stock") and (iv) its depositary shares (the "Series D Depositary Shares" (Nasdaq: BHFAM)), each representing a 1/1,000th interest in a share of its 4.625% Non-Cumulative Preferred Stock, Series D (the "Series D Preferred Stock"), will receive the following quarterly distributions, as applicable:

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a quarterly distribution in an amount of $0.4125 per Series A Depositary Share, resulting from the company’s declaration of a quarterly dividend on the Series A Preferred Stock, which underlies the Series A Depositary Shares;

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a quarterly distribution in an amount of $0.421875 per Series B Depositary Share, resulting from the company’s declaration of a quarterly dividend on the Series B Preferred Stock, which underlies the Series B Depositary Shares;

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a quarterly distribution in an amount of $0.3359375 per Series C Depositary Share, resulting from the company’s declaration of a quarterly dividend on the Series C Preferred Stock, which underlies the Series C Depositary Shares; and

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a quarterly distribution in an amount of $0.2890625 per Series D Depositary Share, resulting from the company’s declaration of a quarterly dividend on the Series D Preferred Stock, which underlies the Series D Depositary Shares.

</li>
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On September 25, 2026, (i) the Series A Preferred Stock dividend will be paid, in an amount of $412.50 per share, to the depositary for the Series A Preferred Stock, (ii) the Series B Preferred Stock dividend will be paid, in an amount of $421.875 per share, to the depositary for the Series B Preferred Stock, (iii) the Series C Preferred Stock dividend will be paid, in an amount of $335.9375 per share, to the depositary for the Series C Preferred Stock and (iv) the Series D Preferred Stock dividend will be paid, in an amount of $289.0625 per share, to the depositary for the Series D Preferred Stock. The depositary will, in turn, distribute such dividends to the holders of record of the Series A Depositary Shares, the Series B Depositary Shares, the Series C Depositary Shares and the Series D Depositary Shares, as applicable, as of the Record Date.

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<b xmlns="http://www.w3.org/1999/xhtml">Note Regarding Forward-Looking Statements</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
This news release and other oral or written statements that we make from time to time may contain information that includes or is based upon forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve substantial risks and uncertainties. We have tried, wherever possible, to identify such statements using words such as "anticipate," "estimate," "expect," "project," "may," "will," "could," "intend," "goal," "target," "guidance," "forecast," "preliminary," "objective," "continue," "aim," "plan," "believe" and other words and terms of similar meaning, or that are tied to future periods, in connection with a discussion of future operating or financial performance. In particular, these include, without limitation, statements relating to the completion of the pending merger with an affiliate of Aquarian Capital LLC, future actions, prospective services or products, financial projections, future performance or results of current and anticipated services or products, sales efforts, expenses, the outcome of contingencies such as legal proceedings, as well as trends in operating and financial results.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Any or all forward-looking statements may turn out to be wrong. They can be affected by inaccurate assumptions or by known or unknown risks and uncertainties. Many such factors will be important in determining the actual future results of Brighthouse Financial. These statements are based on current expectations and the current economic environment and involve a number of risks and uncertainties that are difficult to predict. These statements are not guarantees of future performance. Actual results could differ materially from those expressed or implied in the forward-looking statements due to a variety of known and unknown risks, uncertainties and other factors. For the reasons described above, we caution you against relying on any forward-looking statements, which should also be read in conjunction with the other cautionary statements included and the risks, uncertainties and other factors identified in Brighthouse Financial’s most recent Annual Report on Form 10-K, particularly in the sections entitled "Note Regarding Forward-Looking Statements and Summary of Risk Factors," "Risk Factors" and "Quantitative and Qualitative Disclosures About Market Risk," as well as in Brighthouse Financial’s other subsequent filings with the U.S. Securities and Exchange Commission. Further, any forward-looking statement speaks only as of the date on which it is made, and Brighthouse Financial undertakes no obligation to update or revise any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events, except as otherwise may be required by law.

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<b xmlns="http://www.w3.org/1999/xhtml">About Brighthouse Financial, Inc.</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Brighthouse Financial, Inc. (Brighthouse Financial) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/BHF">BHF</a>) is on a mission to help people achieve financial security. As one of the largest providers of annuities and life insurance in the U.S.,<sup xmlns="http://www.w3.org/1999/xhtml">1</sup> we specialize in products designed to help people protect what they’ve earned and ensure it lasts. Learn more at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.brighthousefinancial.com%2F&amp;esheet=54589314&amp;newsitemid=20260817834097&amp;lan=en-US&amp;anchor=brighthousefinancial.com&amp;index=1&amp;md5=4ec9f342e593f0ceabed9efd4cb87467" shape="rect">brighthousefinancial.com</a>.

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<sup xmlns="http://www.w3.org/1999/xhtml">1</sup> Ranked by 2025 admitted assets. Best’s Review<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup>: Top 200 U.S. Life/Health Insurers. AM Best, 2026.

</p>

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</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260817834097r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260817834097/en/" rel="nofollow">https://www.businesswire.com/news/home/20260817834097/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">FOR INVESTORS 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Dana Amante
<br xmlns="http://www.w3.org/1999/xhtml"></br>(980) 949-3073
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:damante@brighthousefinancial.com" shape="rect">damante@brighthousefinancial.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">FOR MEDIA 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Meghan Lantier
<br xmlns="http://www.w3.org/1999/xhtml"></br>(980) 949-4142
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:mlantier@brighthousefinancial.com" shape="rect">mlantier@brighthousefinancial.com</a>

</p>

Brighthouse Financial Announces Preferred Stock Dividends and Related Depositary Share Distributions

Brighthouse declares quarterly preferred dividends for four series; record date set

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Brighthouse Financial, Inc. (&amp;#34;Brighthouse Financial&amp;#34; or the &amp;#34;company&amp;#34;) (NASDAQ:BHF) announced today that on September 25, 2026, holders of record as of September 10, 2026 (the &amp;#34;Record Date&amp;#34;) of</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Brighthouse Financial announced the record date of September 10, 2026 for its four non-cumulative preferred deposits and disclosed fixed quarterly distributions for each series, with payments due September 25, 2026. The declared amounts vary by series, underscoring stable income for preferred holders. The release also notes a pending merger with Aquarian Capital LLC and contains standard forward-looking cautions.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Record date Sep 10, 2026 for all four preferred series.</li><li>Series A: $0.4125 per depositary share.</li><li>Series B: $0.421875; Series C: $0.3359375; Series D: $0.2890625.</li><li>Payments scheduled for Sep 25, 2026 to record-holders.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Brighthouse Financial, Inc. (BHF)</strong>: Announces quarterly distributions on four series of preferred stock; affects preferred stock yields and potential investor demand.</li><li><strong>Series A Depositary Shares (BHFAP)</strong>: Underlie Series A Preferred; dividend declared at $0.4125 per share.</li><li><strong>Series B Depositary Shares (BHFAO)</strong>: Underlie Series B Preferred; dividend declared at $0.421875 per share.</li><li><strong>Series C Depositary Shares (BHFAN)</strong>: Underlie Series C Preferred; dividend declared at $0.3359375 per share.</li><li><strong>Series D Depositary Shares (BHFAM)</strong>: Underlie Series D Preferred; dividend declared at $0.2890625 per share.</li><li><strong>Aquarian Capital LLC (N/A)</strong>: Pending merger with Brighthouse; potential strategic and financial implications.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The release focuses on preferred-dividend declarations and a pending merger, signaling near-term liquidity and capital-structure considerations rather than earnings surprises for common stock.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Fixed quarterly payouts may attract income-focused buyers to BHFAP/BHFAO/BHFAN/BHFAM.</li><li>Pending Aquarian Capital merger introduces strategic uncertainty and potential valuation impacts.</li><li>No immediate change to Brighthouse&#039;s common-stock earnings guidance or guidance.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Record Date: September 10, 2026.</li><li>Payment Date: September 25, 2026.</li><li>Series A dividend: $0.4125 per Series A depositary share.</li><li>Series B/C/D dividends: $0.421875; $0.3359375; $0.2890625 respectively.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Neutral on BHF equity; preferred dividends offer income but no near-term upside catalyst for common shares.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
Brighthouse Financial, Inc. ("Brighthouse Financial" or the "company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/BHF">BHF</a>) announced today that on September 25, 2026, holders of record as of September 10, 2026 (the "Record Date") of (i) its depositary shares (the "Series A 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 "Series A Preferred Stock"), (ii) its depositary shares (the "Series B Depositary Shares" (Nasdaq: BHFAO)), each representing a 1/1,000th interest in a share of its 6.750% Non-Cumulative Preferred Stock, Series B (the "Series B Preferred Stock"), (iii) its depositary shares (the "Series C Depositary Shares" (Nasdaq: BHFAN)), each representing a 1/1,000th interest in a share of its 5.375% Non-Cumulative Preferred Stock, Series C (the "Series C Preferred Stock") and (iv) its depositary shares (the "Series D Depositary Shares" (Nasdaq: BHFAM)), each representing a 1/1,000th interest in a share of its 4.625% Non-Cumulative Preferred Stock, Series D (the "Series D Preferred Stock"), will receive the following quarterly distributions, as applicable:

</p><ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistdisc">
<li xmlns="http://www.w3.org/1999/xhtml">
a quarterly distribution in an amount of $0.4125 per Series A Depositary Share, resulting from the company’s declaration of a quarterly dividend on the Series A Preferred Stock, which underlies the Series A Depositary Shares;

</li>
</ul><ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistdisc">
<li xmlns="http://www.w3.org/1999/xhtml">
a quarterly distribution in an amount of $0.421875 per Series B Depositary Share, resulting from the company’s declaration of a quarterly dividend on the Series B Preferred Stock, which underlies the Series B Depositary Shares;

</li>
</ul><ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistdisc">
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a quarterly distribution in an amount of $0.3359375 per Series C Depositary Share, resulting from the company’s declaration of a quarterly dividend on the Series C Preferred Stock, which underlies the Series C Depositary Shares; and

</li>
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<li xmlns="http://www.w3.org/1999/xhtml">
a quarterly distribution in an amount of $0.2890625 per Series D Depositary Share, resulting from the company’s declaration of a quarterly dividend on the Series D Preferred Stock, which underlies the Series D Depositary Shares.

</li>
</ul><p xmlns="http://www.w3.org/1999/xhtml">
On September 25, 2026, (i) the Series A Preferred Stock dividend will be paid, in an amount of $412.50 per share, to the depositary for the Series A Preferred Stock, (ii) the Series B Preferred Stock dividend will be paid, in an amount of $421.875 per share, to the depositary for the Series B Preferred Stock, (iii) the Series C Preferred Stock dividend will be paid, in an amount of $335.9375 per share, to the depositary for the Series C Preferred Stock and (iv) the Series D Preferred Stock dividend will be paid, in an amount of $289.0625 per share, to the depositary for the Series D Preferred Stock. The depositary will, in turn, distribute such dividends to the holders of record of the Series A Depositary Shares, the Series B Depositary Shares, the Series C Depositary Shares and the Series D Depositary Shares, as applicable, as of the Record Date.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Note Regarding Forward-Looking Statements</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
This news release and other oral or written statements that we make from time to time may contain information that includes or is based upon forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve substantial risks and uncertainties. We have tried, wherever possible, to identify such statements using words such as "anticipate," "estimate," "expect," "project," "may," "will," "could," "intend," "goal," "target," "guidance," "forecast," "preliminary," "objective," "continue," "aim," "plan," "believe" and other words and terms of similar meaning, or that are tied to future periods, in connection with a discussion of future operating or financial performance. In particular, these include, without limitation, statements relating to the completion of the pending merger with an affiliate of Aquarian Capital LLC, future actions, prospective services or products, financial projections, future performance or results of current and anticipated services or products, sales efforts, expenses, the outcome of contingencies such as legal proceedings, as well as trends in operating and financial results.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Any or all forward-looking statements may turn out to be wrong. They can be affected by inaccurate assumptions or by known or unknown risks and uncertainties. Many such factors will be important in determining the actual future results of Brighthouse Financial. These statements are based on current expectations and the current economic environment and involve a number of risks and uncertainties that are difficult to predict. These statements are not guarantees of future performance. Actual results could differ materially from those expressed or implied in the forward-looking statements due to a variety of known and unknown risks, uncertainties and other factors. For the reasons described above, we caution you against relying on any forward-looking statements, which should also be read in conjunction with the other cautionary statements included and the risks, uncertainties and other factors identified in Brighthouse Financial’s most recent Annual Report on Form 10-K, particularly in the sections entitled "Note Regarding Forward-Looking Statements and Summary of Risk Factors," "Risk Factors" and "Quantitative and Qualitative Disclosures About Market Risk," as well as in Brighthouse Financial’s other subsequent filings with the U.S. Securities and Exchange Commission. Further, any forward-looking statement speaks only as of the date on which it is made, and Brighthouse Financial undertakes no obligation to update or revise any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events, except as otherwise may be required by law.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Brighthouse Financial, Inc.</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Brighthouse Financial, Inc. (Brighthouse Financial) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/BHF">BHF</a>) is on a mission to help people achieve financial security. As one of the largest providers of annuities and life insurance in the U.S.,<sup xmlns="http://www.w3.org/1999/xhtml">1</sup> we specialize in products designed to help people protect what they’ve earned and ensure it lasts. Learn more at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.brighthousefinancial.com%2F&amp;esheet=54589314&amp;newsitemid=20260817834097&amp;lan=en-US&amp;anchor=brighthousefinancial.com&amp;index=1&amp;md5=4ec9f342e593f0ceabed9efd4cb87467" shape="rect">brighthousefinancial.com</a>.

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<sup xmlns="http://www.w3.org/1999/xhtml">1</sup> Ranked by 2025 admitted assets. Best’s Review<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup>: Top 200 U.S. Life/Health Insurers. AM Best, 2026.

</p>

</td>

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</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260817834097r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260817834097/en/" rel="nofollow">https://www.businesswire.com/news/home/20260817834097/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">FOR INVESTORS 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Dana Amante
<br xmlns="http://www.w3.org/1999/xhtml"></br>(980) 949-3073
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:damante@brighthousefinancial.com" shape="rect">damante@brighthousefinancial.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">FOR MEDIA 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Meghan Lantier
<br xmlns="http://www.w3.org/1999/xhtml"></br>(980) 949-4142
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:mlantier@brighthousefinancial.com" shape="rect">mlantier@brighthousefinancial.com</a>

</p>

Brighthouse Financial announced the record date of September 10, 2026 for its four non-cumulative preferred deposits and disclosed fixed quarterly distributions for each series, with payments due September 25, 2026. The declared amounts vary by series, underscoring stable income for preferred holders. The release also notes a pending merger with Aquarian Capital LLC and contains standard forward-looking cautions.

News insight

Brighthouse Financial Announces Preferred Stock Dividends and Related Depositary Share Distributions

AI summary

Sentiment rationale

Key facts

Corporate Developments