Brighthouse Financial PFDs: Delisting Is Possible
Brighthouse Financial's preferred shares face potential delisting risks following shareholder approval of Aquarian's $70 buyout. Analysts have rated the preferred shares as a 'Sell' due to concerns over weak coverage and call risk. Investors are advised to consider these factors before making decisions.
- ▪Brighthouse Financial shareholders approved a $70 buyout by Aquarian.
- ▪The preferred shares of Brighthouse Financial are rated as 'Sell' by analysts.
- ▪There are concerns regarding delisting risks and weak coverage for these preferred shares.
Opening excerpt (first ~120 words) tap to expand
{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://seekingalpha.com/"},{"@type":"ListItem","position":2,"name":"Dividends Analysis","item":"https://seekingalpha.com/dividends"},{"@type":"ListItem","position":3,"name":"Dividend Strategy","item":"https://seekingalpha.com/dividends/dividend-strategy"},{"@type":"ListItem","position":4,"name":"Financials ","item":"https://seekingalpha.com/stock-ideas/financial"}]}{"@context":"https://schema.org","@type":"NewsArticle","mainEntityOfPage":{"@type":"WebPage","@id":"https://seekingalpha.com/article/4909714-brighthouse-financial-pfds-delisting-is-possible"},"author":{"@type":"Person","name":"Retired…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Seeking Alpha.
Discussion
0 commentsMore from Seeking Alpha
