Brown-Forman Corporation has announced that its Board of Directors declared a regular quarterly cash dividend of $0.2265 per share on its Class A and Class B Common Stock. The dividend is scheduled for payment on July 1, 2025, to stockholders recorded by June 9, 2025.
The company is recognized as part of the S&P 500 Dividend Aristocrats index and has maintained regular quarterly cash dividends for 81 years, with increases in the cash dividend for the past 41 consecutive years.
Brown-Forman Corporation has been in the business of creating spirits brands for over 150 years. Its portfolio includes well-known names such as Jack Daniel’s Family of Brands, Woodford Reserve, Herradura, el Jimador, Korbel, New Mix, Old Forester, The Glendronach, Glenglassaugh, Benriach, Diplomático Rum, Chambord, Gin Mare, Fords Gin, Slane, and Coopers’ Craft. The company employs around 5,400 people globally and distributes its products in more than 170 countries.
The press release also included a caution about forward-looking statements under U.S. federal securities laws. These statements reflect management's expectations or projections regarding future events and are subject to risks and uncertainties that could cause actual results to differ materially from historical experience or current expectations.
For further details on factors that might affect actual results compared to historical data or current projections, Brown-Forman advises consulting their public filings with the Securities and Exchange Commission.