Brown-Forman Declares Cash Dividend

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Brown-Forman’s (NYSE: BFA) (NYSE: BFB) Board of Directors declared a regular quarterly cash dividend of 18 1/4 cents per share on its Class A and Class B Common Stock. Stockholders of record on March 6, 2017 will receive the cash dividend on April 3, 2017.

Brown-Forman has paid regular quarterly cash dividends for 71 consecutive years and has increased the dividend for 33 consecutive years. Brown-Forman is a member of the prestigious Standard & Poor’s 500 Dividend Aristocrats Index which is comprised of an elite list of companies selected by Standard & Poor’s that have consistently increased their cash dividend every year for over 25 years.

For more than 145 years, Brown-Forman Corporation has enriched the experience of life by responsibly building fine quality beverage alcohol brands, including Jack Daniel's Tennessee Whiskey, Jack Daniel's & Cola, Jack Daniel's Tennessee Honey, Jack Daniel's Tennessee Fire, Gentleman Jack, Jack Daniel's Single Barrel, Finlandia, Korbel, el Jimador, Woodford Reserve, Old Forester, Canadian Mist, Herradura, New Mix, Sonoma-Cutrer, Early Times, Chambord, BenRiach and GlenDronach. Brown-Forman's brands are supported by nearly 4,600 employees and sold in approximately 160 countries worldwide. For more information about the company, please visit http://www.brown-forman.com/.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170124006354/en/

Brown-Forman
Phil Lynch, 502-774-7928
Vice President
Director Corporate Communications
and Public Relations
or
Jay Koval, 502-774-6903
Vice President
Director Investor Relations

Source: Brown-Forman

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