Brown-Forman (BF-A) Raises Quarterly Dividend 5% to $0.1743; 1.1% Yield

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Go back to Brown-Forman (BF-A) Raises Quarterly Dividend 5% to $0.1743; 1.1% Yield

Brown-Forman Increases Cash Dividend 5.0%

November 21, 2019 4:15 PM EST

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Brown-Forman Corporation (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 5.0% to $0.1743 per share from the prior quarters $0.1660 per share. As a result, the indicated annual cash dividend will rise from $0.6640 per share to $0.6972 per share. Stockholders of record on December 5, 2019, will receive the cash dividend on January 2, 2020.

This marks the 36th consecutive year of dividend increases at Brown-Forman, and the 74th year of paying quarterly dividends at the company. Lawson Whiting, President and Chief... More