US: Brown-Forman dividend declared

By | 26 May 2006

Brown-Forman has announced details about its quarterly dividend.

The US wine and spirits group said yesterday (25 May) that it would pay US$0.28 a share on class A and class B common stock. The cash dividend will be paid on 1 July to shareholders of record on 7 June.

While making the announcement, Brown-Forman noted that it has paid regular quarterly dividends for 60 consecutive years.

Earlier this month, Brown-Forman confirmed that it would merge its wine and spirits sales team into one marketing division. The change will be effective from 1 July and will be felt most keenly in the US, the company said.

Sectors: Spirits, Wine

Companies: Brown-Forman

View next/previous articles

Currently reading -

US: Brown-Forman dividend declared

There are currently no comments on this article

Be the first to comment on this article

Related articles

UK: LIWSF adds to advisory board

The advisory board of the London International Wine & Spirits Fair has added to its numbers.

ANALYSIS: Rémy Cointreau's Maxxium departure

The announcement that Rémy Cointreau has today (23 November) served notice on its position in global distribution network Maxxium Worldwide is a little puzzling. If we take the announcement at face value, that is.

RUSSIA: Tequila set to explode, says Patrón

Russia is set to become a key export market for Tequila producers, according to the company leading the booming super-premium Tequila segment in the US.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page