Brown-Forman Co. (bf.b) to Issue Dividend of $0.18 on January 3rd
Brown-Forman Co. (NYSE:bf.b) announced a dividend on Thursday, November 17th. Investors of record on Friday, December 2nd will be paid a dividend of 0.183 per share on Tuesday, January 3rd. The ex-dividend date is Wednesday, November 30th.
Brown-Forman (NYSE:BF.B) last released its quarterly earnings data on Wednesday, August 31st. The company reported $0.36 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by $0.01. The business had revenue of $856 million for the quarter, compared to analyst estimates of $875.50 million. The firm’s revenue was down 4.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.75 earnings per share.
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A number of equities research analysts have recently issued reports on BF.B shares. Credit Suisse Group AG started coverage on shares of Brown-Forman in a report on Thursday, September 15th. They issued an “outperform” rating on the stock. Zacks Investment Research raised shares of Brown-Forman from a “sell” rating to a “hold” rating in a report on Friday, September 9th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. Brown-Forman currently has an average rating of “Hold” and a consensus price target of $102.20.
Brown-Forman Company Profile
Brown-Forman Corporation is a spirit and wine company. The Company manufactures, bottles, imports, exports, markets and sells a range of alcoholic beverages. The Company has a portfolio of approximately 40 spirit, wine and ready-to-drink cocktail (RTD) brands. Its principal brands include Jack Daniel’s Tennessee Whiskey, Jack Daniel’s RTDs, Jack Daniel’s Tennessee Honey, Gentleman Jack Rare Tennessee Whiskey, Jack Daniel’s Tennessee Fire, Jack Daniel’s Single Barrel Collection, Jack Daniel’s Sinatra Select, Jack Daniel’s Winter Jack, Jack Daniel’s No.
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