Brown-Forman (NYSE:BF.B) declares $1.00/share special dividend. I own 25 shares Brown-Forman so this means an extra dividend income of $25. The long term full year income doesn’t change because this is a one time dividend.
The dividend is payable 23 April and the stock will go ex-dividend on March the 30th.
Today Brown-Forman communicated an quarterly dividend increase from $0,1825 to $0,1975. This is an 8,2% increase.
As I have 20 shares this means an expected yearly dividend increase of $1,20. My yield on cost will be 1,72%.
Brown-Forman declared at May 25 that the quarterly dividend remains 18,25 cents per share.
A quarterly dividend of 18,25 cents will result in a yearly dividend of $0,73 and a yield of 1,50%
I have 20 shares of Brown-Forman. Brown-Forman will contribute $14,60 to the yearly estimated dividend income.
Brown-Forman is paying regular quarterly dividends for 71 consecutive years and has increased the dividend for 33 consecutive years. Brown-Forman is a member of the S&P’s 500 Dividend Aristorcats Index.