Brown-Forman (BF-A) Raises Quarterly Dividend 7.4% to $0.1825; 1.5% Yield
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Brown-Forman Increases Cash Dividend 7.4%
November 17, 2016 3:01 PM ESTLOUISVILLE, Ky.--(BUSINESS WIRE)-- Brown-Forman (NYSE: BFA) (NYSE: BFB) announced today that its Board of Directors increased its quarterly cash dividend on its Class A and Class B Common Stock by 7.4% to 18 1/4 cents per share from the prior quarters 17 cents per share. As a result, the indicated annual cash dividend will rise from $0.68 per share to $0.73 per share. Stockholders of record on December 2, 2016 will receive the cash dividend on January 3, 2017.
Paul Varga, Chief Executive Officer of Brown-Forman said, Brown-Forman continues its long tradition of increasing our regular... More
