Brunswick (BC) Raises Quarterly Dividend 12.5% to $0.27; 1.6% Yield

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Brunswick Corporation Raises Quarterly Dividend for the Eighth Consecutive Year

October 20, 2020 1:13 PM EDT

METTAWA, Ill., Oct. 20, 2020 (GLOBE NEWSWIRE) -- The board of directors of Brunswick Corporation (NYSE: BC) today raised the quarterly dividend on its common stock 12.5 percent to $0.27 per share.

This marks the eighth consecutive year of dividend increases.

Our decision to increase the dividend is evidence of our boards confidence in the strength of our focused marine portfolio and reflects our ongoing commitment to execute against our strategy and capital plans, said Brunswick Chief Executive Officer David Foulkes.  The healthy marine market and the strong demand we continue to see for our industry leading... More