Marking 75th consecutive year, Brown-Forman declares cash dividend
Brown-Forman Corporation’s (NYSE:BFA) (NYSE:BFB) Board of Directors declared a regular quarterly cash dividend of $0.1743 on its Class A and Class B common Stock. Stockholders of record on September 4, 2020, will receive the cash dividend on October 1, 2020.
Brown-Forman has paid regular quarterly cash dividends for 75 consecutive years and has increased the dividend 36 consecutive years. Brown-Forman is a member of the prestigious Standard & Poor’s 500 Dividend Aristocrats Index, which is composed of companies that have increased their cash dividend every year for at least 25 years.
For 150 years, Brown-Forman Corporation has enriched the experience of life by responsibly building fine quality beverage alcohol brands including Jack Daniel’s Family of Brands, Finlandia, Korbel, el Jimador, Woodford Reserve, Old Forester, Coopers’ Craft, Canadian Mist, Herradura, New Mix, Sonoma-Cutrer, Early Times, Chambord, BenRiach, GlenDronach, Slane & Fords Gin. Brown-Forman’s brands are supported by approximately 4,800 employees and sold in more than 170 countries worldwide.