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.

COPYRIGHT VIOLATION WARNING: This news story was first published by Daily Political and is owned by of Daily Political. If you are accessing this news story on another website, it was illegally copied and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this news story can be accessed at https://www.dailypolitical.com/2019/06/04/brown-forman-corp-bf-b-declares-0-17-dividend.html.

Brown-Forman Company Profile

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.

See Also: What is a support level?

Dividend History for Brown-Forman (NASDAQ:BF/B)

Receive News & Ratings for Brown-Forman Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brown-Forman and related companies with MarketBeat.com's FREE daily email newsletter.