Brown‑Forman Declares Cash Dividend

Rhea-AI Summary

Brown-Forman Corporation (NYSE: BF.A, BF.B) has announced a regular quarterly cash dividend of $0.2055 per share on its Class A and Class B Common Stock. The dividend will be payable on April 3, 2023, to stockholders of record on March 8, 2023. As a member of the S&P 500 Dividend Aristocrats index, the company has consistently paid dividends for 79 years and has increased its dividend for 39 consecutive years, reflecting its financial stability and commitment to shareholder returns.

Positive

• Regular quarterly cash dividend of $0.2055 per share announced.
• Dividend payable on April 3, 2023, showing commitment to shareholders.
• Company has increased cash dividends for 39 consecutive years.

Negative

• None.

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Brown-Forman Corporation (NYSE: BFA, BFB) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.2055 per share on its Class A and Class B Common Stock. The dividend is payable on April 3, 2023, to stockholders of record on March 8, 2023. Brown-Forman, a member of the prestigious S&P 500 Dividend Aristocrats index, has paid regular quarterly cash dividends for 79 years and has increased the cash dividend for 39 consecutive years.

For more than 150 years, Brown‑Forman Corporation has enriched the experience of life by responsibly building fine quality beverage alcohol brands, including Jack Daniel's Tennessee Whiskey, Jack Daniel's Tennessee RTDs, Jack Daniel's Tennessee Honey, Jack Daniel's Tennessee Fire, Jack Daniel's Tennessee Apple, Gentleman Jack, Jack Daniel's Single Barrel, Woodford Reserve, Old Forester, Coopers’ Craft, The GlenDronach, Benriach, Glenglassaugh, Slane, Herradura, el Jimador, New Mix, Korbel, Sonoma‑Cutrer, Finlandia, Chambord, Fords Gin, Gin Mare, and Diplomático Rum. Brown‑Forman’s brands are supported by approximately 5,200 employees globally and sold in more than 170 countries worldwide. For more information about the company, please visit brown-forman.com. Follow us on Instagram and LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230124006024/en/

ELIZABETH CONWAY

DIRECTOR

BRAND AND EXTERNAL COMMUNICATIONS

502-774-7737

SUE PERRAM

VICE PRESIDENT

INVESTOR RELATIONS

502-774-6862

Source: Brown-Forman Corporation

FAQ

What is the dividend amount for Brown-Forman Corporation?

Brown-Forman Corporation has declared a quarterly cash dividend of $0.2055 per share.

When is the dividend payable for BF.A and BF.B?

The dividend is payable on April 3, 2023.

What is the record date for the Brown-Forman dividend?

The record date for the dividend is March 8, 2023.

How long has Brown-Forman been paying dividends?

Brown-Forman has paid regular quarterly dividends for 79 years.

How many years has Brown-Forman increased its dividends?

Brown-Forman has increased its cash dividends for 39 consecutive years.