1. Brown-Forman announced a quarterly cash dividend of $0.2265 per share. 2. The dividend reflects 41 consecutive years of increases. 3. BFA is a member of the S&P 500 Dividend Aristocrats. 4. Company has maintained dividend payments for 81 years. 5. Brown-Forman reports strong brand presence in over 170 countries.
The announcement of a dividend increase is typically viewed positively by investors. Historical examples show that companies with consistent dividend growth often experience stock price appreciation.
The dividend is significant as it demonstrates financial stability and a commitment to returning value. Such announcements generally attract positive investor sentiment.
Dividends tend to influence stock prices in the short term as investors react to news. For example, firms that announce dividends often see immediate buying pressure.
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.2265 per share on its Class A and Class B Common Stock. The dividend is payable on July 1, 2025, to stockholders of record on June 9, 2025.
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 building exceptional spirits brands for more than 150 years, responsibly upholding our founding promise of “Nothing Better in the Market.” Our portfolio of premium brands includes the Jack Daniel’s Family of Brands, Woodford Reserve, Herradura, el Jimador, Korbel, New Mix, Old Forester, The Glendronach, Glenglassaugh, Benriach, Diplomático Rum, Chambord, Gin Mare, Fords Gin, Slane, and Coopers’ Craft. With a team of approximately 5,400 employees worldwide, we proudly share our passion for premium beverages in more than 170 countries. Discover more about us at brown-forman.com and stay connected through LinkedIn, Instagram, and X.
Important Information on Forward-Looking Statements:
This press release contains statements that are “forward-looking statements” as defined under U.S. federal securities laws. These forward-looking statements reflect management’s expectations or projections regarding future events and speak only as of the date we make them. Except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. By their nature, forward-looking statements involve risks, uncertainties, and other factors (many beyond our control) that could cause our actual results to differ materially from our historical experience or from our current expectations or projections.
For further information on factors that could cause our actual results to differ materially from our historical experience or from our current expectations or projections, please refer to our public filings, including the “Risk Factors” section of our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission.