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.

A number of research analysts have recently commented on the stock. Zacks Investment Research raised shares of Brown-Forman Co. Class B from a “hold” rating to a “buy” rating and set a $66.00 price objective for the company in a research note on Monday, May 21st. ValuEngine downgraded shares of Brown-Forman Co. Class B from a “buy” rating to a “hold” rating in a research note on Wednesday, June 6th. Pivotal Research reaffirmed a “buy” rating and set a $65.00 price objective on shares of Brown-Forman Co. Class B in a research note on Wednesday. Cowen reaffirmed a “buy” rating and set a $58.00 price objective on shares of Brown-Forman Co. Class B in a research note on Friday, July 20th. Finally, Societe Generale downgraded shares of Brown-Forman Co. Class B from a “hold” rating to a “sell” rating in a research note on Tuesday, June 12th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company’s stock. Brown-Forman Co. Class B currently has an average rating of “Hold” and a consensus price target of $51.45.

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.

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Dividend History for Brown-Forman Co. Class B (NYSE:BF.B)

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