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Stock impact report

Brown-Forman Increases Cash Dividend for 41st Consecutive Year

Brown Forman Inc Class A (BF.A) 
Company Research Source: Business Wire
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) announced today that its Board of Directors approved an increase of 4% to the quarterly cash dividend from $0.2178 per share to $0.2265 per share on its Class A and Class B Common Stock. As a result, the indicated annual cash dividend will rise from $0.8712 per share to $0.9060 per share. The dividend is payable on January 2, 2025, to stockholders of record on December 6, 2024.Brown-Forman’s President and Chief Executive Officer Lawson Whiting said, “Brown-Forman believes deeply in building an enduring business, and we are proud to deliver 41 consecutive years of dividend increases. This is a testament to our long-term perspective and ongoing commitment to our valued shareholders.”Brown-Forman, a member of the prestigious S&P 500 Dividend Aristocrats index, has paid regular quarterly cash dividends for 81 years and has increased the cash dividend for 41 consecutive years.Brown-Forman Corporation has been b Show less Read more
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