Brown-Forman Co. Class B to Issue Quarterly Dividend of $0.16 (BF.B)
Brown-Forman Co. Class B (NYSE:BF.B) declared a quarterly dividend on Thursday, July 26th, Zacks reports. Stockholders of record on Thursday, September 6th will be given a dividend of 0.158 per share on Monday, October 1st. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend is Wednesday, September 5th.
NYSE BF.B opened at $51.66 on Friday. Brown-Forman Co. Class B has a 12 month low of $40.10 and a 12 month high of $59.58. The company has a debt-to-equity ratio of 1.78, a current ratio of 3.11 and a quick ratio of 1.43. The stock has a market cap of $25.18 billion, a PE ratio of 34.91 and a beta of 0.88.
Brown-Forman Co. Class B (NYSE:BF.B) last posted its quarterly earnings data on Wednesday, August 29th. The company reported $0.41 EPS for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.02. Brown-Forman Co. Class B had a net margin of 18.00% and a return on equity of 53.10%. The company had revenue of $766.00 million during the quarter, compared to the consensus estimate of $761.97 million. During the same quarter in the prior year, the company posted $0.46 EPS. The company’s quarterly revenue was up 5.9% compared to the same quarter last year. analysts expect that Brown-Forman Co. Class B will post 1.65 earnings per share for the current fiscal year.
Brown-Forman Co. Class B 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.
Read More: Technical Analysis
Receive News & Ratings for Brown-Forman Co. Class B Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brown-Forman Co. Class B and related companies with MarketBeat.com's FREE daily email newsletter.