Brunswick Corporation (BC) To Go Ex-Dividend on November 24th

Brunswick Corporation (NYSE:BC) announced a quarterly dividend on Monday, October 19th. Investors of record on Tuesday, November 24th will be paid a dividend of $0.44 per share on Tuesday, December 15th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Tuesday, November 24th.

Brunswick has raised its dividend by an average of 0.1% per year over the last three years and has increased its dividend every year for the last 13 years. Brunswick has a payout ratio of 43.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Brunswick to earn $5.49 per share next year, which means the company should continue to be able to cover its $1.76 annual dividend with an expected future payout ratio of 32.1%.

Brunswick Price Performance

Brunswick stock opened at $65.79 on Wednesday. Brunswick has a 12-month low of $59.06 and a 12-month high of $90.25. The stock has a market cap of $4.26 billion, a P/E ratio of -50.22 and a beta of 1.38. The company has a 50-day moving average price of $70.76 and a 200 day moving average price of $76.88. The company has a current ratio of 1.45, a quick ratio of 0.65 and a debt-to-equity ratio of 1.08.

Brunswick (NYSE:BC) last issued its earnings results on Thursday, July 30th. The company reported $1.56 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.37. Brunswick had a negative net margin of 1.53% and a positive return on equity of 15.28%. The company had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the previous year, the firm earned $0.90 earnings per share. Brunswick’s quarterly revenue was up 7.7% compared to the same quarter last year. Brunswick has set its Q3 2026 guidance at 1.200-1.400 EPS and its FY 2026 guidance at 4.350-4.750 EPS. Sell-side analysts anticipate that Brunswick will post 4.55 earnings per share for the current year.

About Brunswick

Brunswick Corporation (NYSE:BC) is a marine recreation company that designs, manufactures and distributes products used in boating and related recreational activities. Its portfolio includes marine propulsion systems, boats, engines, electronics, boat control systems and other components, as well as parts and accessories.

The company’s marine businesses include Mercury Marine, which produces outboard, sterndrive and inboard engines, and a range of boat brands such as Boston Whaler, Sea Ray, Bayliner, Lund, Harris and Princecraft.