Brown-Forman (BF-A) (BF-B) Raises Quarterly Dividend 3% to $0.1795; 1% Yield

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Go back to Brown-Forman (BF-A) (BF-B) Raises Quarterly Dividend 3% to $0.1795; 1% Yield

Brown-Forman Increases Cash Dividend for 37th Consecutive Year

November 19, 2020 4:01 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 3.0% to $0.1795 per share from the prior quarters $0.1743 per share. As a result, the indicated annual cash dividend will rise to $0.7180 per share from $0.6972 per share. Stockholders of record on December 4, 2020, will receive the cash dividend on January 4, 2021.

This marks the 37th consecutive year of dividend increases at Brown-Forman and the 76th year of paying quarterly dividends in the companys 150-year history. Lawson Whiting,... More