Brown-forman increases cash dividend for 39th consecutive year

Louisville, ky.--( business wire )--brown-forman corporation (nyse: bfa, bfb) announced today that its board of directors approved an increase of 9% to the quarterly cash dividend from $0.1885 per share to $0.2055 per share on its class a and class b common stock. as a result, the indicated annual cash dividend will rise from $0.7540 per share to $0.8220 per share. the dividend is payable on january 3, 2023, to stockholders of record on december 2, 2022. brown-forman, a member of the prestigious s&p 500 dividend aristocrats index, has paid regular quarterly cash dividends for 79 years and has increased the cash dividend for 39 consecutive years.
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