Brown-Forman Plans Quarterly Dividend of $0.18 (NYSE:BFA)

Brown-Forman (NYSE:BFA) declared a quarterly dividend on Friday, July 28th, Wall Street Journal reports. Investors of record on Thursday, September 7th will be paid a dividend of 0.1825 per share on Monday, October 2nd. This represents a $0.73 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date is Wednesday, September 6th.

Shares of Brown-Forman (BFA) traded down 0.04% during mid-day trading on Tuesday, reaching $51.43. The company had a trading volume of 12,456 shares. The company’s 50-day moving average price is $49.89 and its 200-day moving average price is $49.07. Brown-Forman has a 52-week low of $45.17 and a 52-week high of $60.28. The company has a market capitalization of $19.76 billion and a PE ratio of 30.08.

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Separately, Royal Bank Of Canada reiterated a “sector perform” rating and issued a $51.00 target price on shares of Brown-Forman in a report on Thursday, June 8th.

Dividend History for Brown-Forman (NYSE:BFA)

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