US: Brown-Forman declares dividend

By | 25 May 2012

Brown-Forman will release FY figures next month

Brown-Forman will release FY figures next month

Brown-Forman has announced the details of its latest dividend payment.

The company, which posted a 4% rise in H1 net profits in December, said late yesterday (24 May) that its board has declared a quarterly dividend of US$0.35 per share on its common stock.

Brown-Forman said the payment would be made on 2 July to shareholders of record on 6 June.

The firm will issue its fourth-quarter and full-year numbers on 6 June.

Expert analysis

Brown-Forman Corp in Spirits (World)

A year into Brown-Forman’s 10-year plan to double the size of its business by 2020, the world’s 12th biggest spirits company, Brown-Forman, continued to struggle for growth in 2011. The profile looks at why this happened, whether it will and what it should do to make sure it reaches its goal.

Sectors: Company results, Spirits

Companies: Brown-Forman

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