Brown-forman increases cash dividend for 40th consecutive year

Louisville, ky.--(business wire)--brown-forman corporation (nyse: bfa, bfb) announced today that its board of directors approved an increase of 6% to the quarterly cash dividend from $0.2055 per share to $0.2178 per share on its class a and class b common stock. as a result, the indicated annual cash dividend will rise from $0.8220 per share to $0.8712 per share. the dividend is payable on january 2, 2024, to stockholders of record on december 1, 2023. brown-forman's president and chief executi.
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