Brown-forman increases cash dividend for 37th consecutive year

Louisville, ky.--(business wire)--brown-forman corporation (nyse: bfa) (nyse: bfb) announced today that its board of directors increased its quarterly cash dividend on its class a and class b common stock by 3.0% to $0.1795 per share from the prior quarter's $0.1743 per share. as a result, the indicated annual cash dividend will rise to $0.7180 per share from $0.6972 per share. stockholders of record on december 4, 2020, will receive the cash dividend on january 4, 2021. this marks the 37th con
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