US: Fortune Brands pays dividend
Fortune Brands, owner of Jim Beam, has declared a dividend of US$0.44 per share for shareholders.
The dividend, payable in cash on 1 December, will be awarded to all those holding shares by the close of business on 12 November, Fortune said today (30 September).
The company also declared a regular dividend of almost $0.67 cents per share on the $2.67 Convertible Preferred Stock, payable in cash on 10 December.
Fortune, which owns spirits brands Jim Beam, Sauza and Canadian Club via its Beam Global Spirits & Wine business, also said today that president and CEO Bruce Carbonari would replace Norm Wesley as chairman, effective from 1 October.
Beam Global Spirits & Wine is looking to double exports of its Maker's Mark Bourbon this year, as part of a strategy to reduce its reliance on the US market....
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Foster's has appointed Pernod Ricard USA's general manager for wine and Champagne, Stephen Brauer, as its new managing director of Foster's Americas....
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Beam Global is backing its Teacher's Scotch whisky with a GBP1.5m ad spend in the UK this year, and is set to a fresh on-pack offer to create more interest in the brand....
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The Licensing Company North America has launched a chocolate collection of Beam Global Spirits and Wine's Courvoisier Cognac brand in the US....
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