dividend
confidence high
sentiment neutral
materiality 0.50
Brown-Forman declares $0.1885 quarterly dividend; shareholders re-elect directors and approve compensation plan
BROWN FORMAN CORP
- Quarterly cash dividend of $0.1885 per share (Class A & B) payable Oct 3, 2022 to holders of record Sept 6, 2022.
- Stockholders re-elected all 10 director nominees, including Chair Campbell P. Brown and CEO Lawson E. Whiting.
- Shareholders approved the 2022 Omnibus Compensation Plan and ratified Ernst & Young as auditor for FY2023.
- CEO Whiting reiterated long-term growth algorithm: mid-single digit organic top-line growth, high-single digit organic operating income growth over next decade.