Brown-Forman (BF-A) Raises Quarterly Dividend 9% to $0.2055; 1.2% Yield
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Brown-Forman Increases Cash Dividend for 39th Consecutive Year
November 17, 2022 4:03 PM ESTElects Mark Clouse and Elizabeth Smith to Board of Directors
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Brown-Forman Corporation (NYSE: BFA, BFB) announced today that its Board of Directors approved an increase of 9% to the quarterly cash dividend from $0.1885 per share to $0.2055 per share on its Class A and Class B Common Stock. As a result, the indicated annual cash dividend will rise from $0.7540 per share to $0.8220 per share. The dividend is payable on January 3, 2023, to stockholders of record on December 2, 2022. Brown-Forman, a member of the prestigious S&P 500 Dividend Aristocrats index, has paid regular... More
