Brown-Forman Declares Cash Dividend

Rhea-AI Summary

Brown-Forman Corporation (NYSE: BFA, BFB) has declared a regular quarterly cash dividend of $0.2178 per share on its Class A and Class B Common Stock. The dividend is payable on April 1, 2024, to stockholders of record on March 8, 2024. Brown-Forman is a member of the S&P 500 Dividend Aristocrats index and has paid regular quarterly cash dividends for 80 years, increasing the cash dividend for 40 consecutive years. The company has a rich history of over 150 years and is known for its fine quality beverage alcohol brands, sold in more than 170 countries worldwide.

Positive

• Regular quarterly cash dividend declared
• Dividend payable on April 1, 2024
• Member of S&P 500 Dividend Aristocrats index
• Paid regular quarterly cash dividends for 80 years
• Increased cash dividend for 40 consecutive years
• Global presence in over 170 countries

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 $0.2178 per share on its Class A and Class B Common Stock. The dividend is payable on April 1, 2024, to stockholders of record on March 8, 2024.

Brown-Forman, a member of the prestigious S&P 500 Dividend Aristocrats index, has paid regular quarterly cash dividends for 80 years and has increased the cash dividend for 40 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 Ready-to-Drinks, 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, Chambord, Fords Gin, Gin Mare, and Diplomático Rum. Brown-Forman’s brands are supported by approximately 5,600 employees globally and sold in more than 170 countries worldwide. For more information about the company, please visit brown-forman.com. Follow us on LinkedIn, Instagram, and X, formerly Twitter.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240123638050/en/

Rob Frederick

Vice President

Corporate Communications

rob_frederick@b-f.com

502-774-7707

Sue Perram

Vice President

Investor Relations

sue_perram@b-f.com

502-774-6862

Source: Brown-Forman Corporation

FAQ

What is the dividend amount declared by Brown-Forman (BFA, BFB)?

The company declared a regular quarterly cash dividend of $0.2178 per share on its Class A and Class B Common Stock.

When is the dividend payable to stockholders of Brown-Forman (BFA, BFB)?

The dividend is payable on April 1, 2024, to stockholders of record on March 8, 2024.

How long has Brown-Forman (BFA, BFB) been paying regular quarterly cash dividends?

Brown-Forman has paid regular quarterly cash dividends for 80 years and has increased the cash dividend for 40 consecutive years.

In how many countries are Brown-Forman's (BFA, BFB) brands sold?

Brown-Forman's brands are sold in more than 170 countries worldwide.

What is the history of Brown-Forman (BFA, BFB)?

Brown-Forman Corporation has a rich history of over 150 years and is known for responsibly building fine quality beverage alcohol brands.

What is the global employee count of Brown-Forman (BFA, BFB)?

Brown-Forman's brands are supported by approximately 5,600 employees globally.