Brown-Forman Corp (BF/B) Declares $0.17 Dividend
Brown-Forman Corp (NASDAQ:BF/B) announced a dividend on Thursday, May 23rd, Fidelity reports. Stockholders of record on Thursday, June 6th will be paid a dividend of 0.166 per share on Monday, July 1st. The ex-dividend date is Wednesday, June 5th.
Shares of BF/B stock opened at $50.32 on Tuesday.
Separately, Deutsche Bank upped their price target on shares of Brown-Forman from $53.00 to $54.00 and gave the company a “hold” rating in a research note on Thursday, May 30th.
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Brown-Forman Corporation manufactures, bottles, imports, exports, markets, and sells various alcoholic beverages worldwide. It provides spirits, wines, ready-to-drink cocktails, whiskeys, vodkas, tequilas, champagnes, brandy, and liqueurs. The company offers its products primarily under the Jack Daniel's, Gentleman Jack, Woodford Reserve, Korbel, Finlandia, el Jimador, Herradura, Sonoma-Cutrer, Canadian Mist, GlenDronach, BenRiach, Glenglassaugh, Chambord, Old Forester, Early Times, Pepe Lopez, Antiguo, Slane Irish, and Coopers' Craft brands.
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