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Brown-Forman Corporation, together with its subsidiaries, manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages. It provides spirits, wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink and ready-to-pour products, ready-to-drink cocktails, vodkas, tequilas, champagnes, brandy, bourbons, and liqueurs. The company offers its products primarily under the Jack Daniel's, Reserve, Old Forester, Coopers' Craft, Herradura, el Jimador, New Mix, Korbel Champagnes, Sonoma-Cutrer, Finlandia, GlenDronach, Benriach, Glenglassaugh, Chambord, Slane, and Fords Gin brands. It is also involved in the sale of used barrels, bulk whiskey, and wine; and provision of contract bottling services. The company serves retail customers and consumers through distributors or state governments; and retailers, wholesalers, and provincial governments directly. It has operations in the United States, Germany, Australia, the United Kingdom, Mexico, and internationally. The company was founded in 1870 and is headquartered in Louisville, Kentucky.

Brown-Forman Dividend Announcement

Brown-Forman announced a quarterly dividend of $0.22 per ordinary share which will be made payable on 2024-10-01. Ex dividend date: 2024-09-03
Brown-Forman annual dividend for 2024 was $0.65
Brown-Forman annual dividend for 2023 was $0.83
Brown-Forman's trailing twelve-month (TTM) dividend yield is 2.66%
Brown-Forman's payout ratio for the trailing twelve months (TTM) is 41.30%
Brown-Forman's dividend growth over the last five years (2018-2023) was -12.63% year
Brown-Forman's dividend growth over the last ten years (2013-2023) was -2.31% year

Brown-Forman Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-03$0.22quarterly2024-10-01
2024-06-07$0.22quarterly2024-07-01
2024-03-07$0.22quarterly2024-04-01
2023-11-30$0.22quarterly2024-01-02
2023-09-01$0.21quarterly2023-10-02
2023-06-07$0.21quarterly2023-07-03
2023-03-07$0.21quarterly2023-04-03
2022-12-01$0.21quarterly2023-01-03
2022-09-02$0.19quarterly2022-10-03
2022-06-07$0.19quarterly2022-07-01
2022-03-07$0.19quarterly2022-04-01
2021-12-08$1.00quarterly2021-12-29
2021-12-02$0.19quarterly2021-12-28
2021-09-02$0.18quarterly2021-10-01
2021-06-07$0.18quarterly2021-07-01
2021-03-05$0.18quarterly2021-04-01
2020-12-03$0.18quarterly2021-01-04
2020-09-03$0.17quarterly2020-10-01
2020-06-05$0.17quarterly2020-07-01
2020-03-06$0.17quarterly2020-04-01
2019-12-04$0.17quarterly2020-01-02
2019-09-05$0.17quarterly2019-10-01
2019-06-05$0.17quarterly2019-07-01
2019-03-01$0.17quarterly2019-04-01
2018-12-06$0.17quarterly2019-01-02
2018-09-05$0.16quarterly2018-10-01
2018-06-05$0.16quarterly2018-07-03
2018-03-29$1.00quarterly2018-04-23
2018-03-02$0.16quarterly2018-04-02
2017-12-06$0.16quarterly2018-01-02
2017-09-06$0.15quarterly2017-10-02
2017-06-01$0.15quarterly2017-07-03
2017-03-02$0.18quarterly2017-04-03
2016-11-30$0.18quarterly2017-01-03
2016-08-30$0.17quarterly2016-10-03
2016-06-02$0.34quarterly2016-07-01
2016-03-07$0.34quarterly2016-04-01
2015-12-01$0.34quarterly2015-12-30
2015-09-03$0.32quarterly2015-10-01
2015-06-01$0.32quarterly2015-07-01
2015-03-06$0.32quarterly2015-04-01
2014-12-02$0.32quarterly2014-12-30
2014-09-04$0.29quarterly2014-10-01
2014-06-02$0.29quarterly2014-07-01
2014-03-05$0.29quarterly2014-04-01
2013-12-02$0.29quarterly2013-12-27
2013-09-03$0.26quarterly
2013-06-03$0.26quarterly
2013-03-06$0.26quarterly

Brown-Forman Dividend per year

Brown-Forman Dividend growth

Brown-Forman Dividend Yield

Brown-Forman current trailing twelve-month (TTM) dividend yield is 2.66%. Interested in purchasing Brown-Forman stock? Use our calculator to estimate your expected dividend yield:

Brown-Forman Financial Ratios

P/E ratio19.60
PEG ratio1.17
P/B ratio5.59
ROE28.89%
Payout ratio41.30%
Current ratio2.47
Quick ratio0.90
Cash Ratio0.26

Brown-Forman Dividend FAQ

How much is the next Brown-Forman dividend?
Brown-Forman's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Brown-Forman dividend. The next Brown-Forman dividend will be released in March, June, September, or November.
When is Brown-Forman dividend paid?
Brown-Forman pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Brown-Forman pay?
The specific amount of Brown-Forman dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Brown-Forman's dividend history.
Does Brown-Forman stock pay dividends?
Yes, Brown-Forman does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Brown-Forman's dividend history.
How much dividend does Brown-Forman pay?
Brown-Forman paid $0.654 in 2024, $0.835 in 2023, $0.773 in 2022, $1.728 in 2021, and $0.702 in 2020.
How often does Brown-Forman pay dividends?
Brown-Forman typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and November.
What is Brown-Forman's dividend yield?
The current dividend yield for Brown-Forman is 2.66%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Brown-Forman's exact dividend yield.
When does Brown-Forman go ex dividend?
Brown-Forman's ex-dividend date for the latest dividend was on 2024-09-03. Brown-Forman typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Brown-Forman dividend paid?
Brown-Forman pays dividends on a quarterly basis, typically around March, June, September, or November, but the exact dates can vary each year.
Will Brown-Forman increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Brown-Forman will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Brown-Forman dividend per share?
Brown-Forman paid $0.654 per share in 2024 and $0.835 per share in 2023. The amount of dividend per share that Brown-Forman pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Brown-Forman a dividend aristocrat?
Yes, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Brown-Forman a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Brown-Forman a dividend stock?
Yes, Brown-Forman is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Brown-Forman a good dividend stock?
Whether Brown-Forman is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Brown-Forman has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Brown-Forman as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Brown-Forman pay dividends monthly?
Brown-Forman typically pays dividends on a quarterly basis.
Does Brown-Forman pay dividends quarterly?
Brown-Forman currently pays dividends on a quarterly basis.
Has Brown-Forman ever paid a dividend?
Yes, Brown-Forman has a history of paying dividends to its shareholders. Brown-Forman is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Brown-Forman dividend stocks?
To buy Brown-Forman you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Brown-Forman stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Brown-Forman pay dividends 2024?
Brown-Forman pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-01. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Brown-Forman increase its dividend in 2024?
Decisions regarding Brown-Forman dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Brown-Forman dividend overview you can look into the above table of dividend history.
How Brown-Forman dividend works?
The Brown-Forman dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Brown-Forman's dividend process works:

1. Determination of Dividend: Brown-Forman's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Brown-Forman publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Brown-Forman distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Brown-Forman are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Brown-Forman dividends paid?
Brown-Forman dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Brown-Forman sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Brown-Forman distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Brown-Forman declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Brown-Forman pay dividends?
Brown-Forman typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Brown-Forman pay dividends?
The general pattern is that Brown-Forman pays dividends around March, June, September, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Brown-Forman dividend safe?
The safety of Brown-Forman's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Brown-Forman's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Brown-Forman's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.