Brunswick Corporation Declares Quarterly Dividend of $0.44 (NYSE:BC)

Brunswick Corporation (NYSE:BC) announced a quarterly dividend on Wednesday, July 22nd. Stockholders of record on Thursday, August 20th will be paid a dividend of 0.44 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, August 20th.

Brunswick has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 13 years. Brunswick has a payout ratio of 43.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Brunswick to earn $5.48 per share next year, which means the company should continue to be able to cover its $1.76 annual dividend with an expected future payout ratio of 32.1%.

Brunswick Trading Up 1.7%

Shares of NYSE:BC traded up $1.36 during trading on Wednesday, reaching $81.95. The stock had a trading volume of 834,346 shares, compared to its average volume of 843,844. The business has a fifty day moving average price of $80.86 and a 200-day moving average price of $80.34. The company has a quick ratio of 0.62, a current ratio of 1.38 and a debt-to-equity ratio of 1.13. The stock has a market cap of $5.32 billion, a P/E ratio of -39.02 and a beta of 1.33. Brunswick has a fifty-two week low of $55.60 and a fifty-two week high of $90.25.

Brunswick (NYSE:BC) last announced its earnings results on Thursday, April 30th. The company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.24. The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.32 billion. Brunswick had a negative net margin of 2.47% and a positive return on equity of 13.30%. Brunswick’s revenue was up 12.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.56 earnings per share. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. As a group, analysts anticipate that Brunswick will post 4.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

BC has been the topic of a number of recent analyst reports. Wall Street Zen lowered Brunswick from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. DA Davidson reaffirmed a “neutral” rating and issued a $76.00 price objective on shares of Brunswick in a research report on Monday, May 18th. Morgan Stanley increased their target price on Brunswick from $82.00 to $86.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 19th. JPMorgan Chase & Co. raised their price target on Brunswick from $78.00 to $83.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 28th. Finally, Truist Financial lifted their price target on Brunswick from $93.00 to $94.00 and gave the company a “buy” rating in a report on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $87.07.

Brunswick Company Profile

Founded in 1845 by John Moses Brunswick, Brunswick Corporation is a global leader in recreation products. Headquartered in Mettawa, Illinois, the company has evolved from its origins as a billiard table manufacturer into a diversified supplier of leisure equipment, serving both consumer and commercial markets around the world.

Brunswick operates through two primary segments: Marine and Bowling & Billiards. In its Marine segment, the company designs, manufactures and distributes recreational boats, outboard engines and aftermarket parts under recognized brands such as Sea Ray, Bayliner and Mercury Marine.