---
schema_version: "secwatch.filing_event.v1"
accession: "0000014693-22-000137"
form_type: "8-K"
ticker: "BF-A"
cik: "0000014693"
company_name: "BROWN FORMAN CORP"
filed_at: "2022-11-17T23:59:59+00:00"
generated_at: "2026-06-21T16:36:20.073642+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Brown-Forman raises quarterly dividend 9% to $0.2055; elects Clouse and Smith to board

## Summary
- Quarterly cash dividend increased 9% to $0.2055 per share from $0.1885; annualized $0.8220.
- Dividend payable Jan 3, 2023 to holders of record Dec 2, 2022; 39th consecutive annual increase.
- Mark Clouse, CEO of Campbell Soup, elected to board effective Nov 17, 2022.
- Elizabeth Smith, former CEO of Bloomin' Brands, elected to board effective Jan 24, 2023.
- Board expands to 12 members.

## SEC filing metadata
- accession: 0000014693-22-000137
- form_type: 8-K
- ticker: BF-A
- cik: 0000014693
- company_name: BROWN FORMAN CORP
- filed_at: 2022-11-17T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/14693/000001469322000137/0000014693-22-000137-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/14693/000001469322000137/bfb-20221117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000014693-22-000137
- JSON: https://secwatch.observer/filing/0000014693-22-000137.json
- Plain text: https://secwatch.observer/filing/0000014693-22-000137.txt

## Key facts
- Executive change
  Elizabeth A. Smith was appointed as director at BROWN FORMAN CORP.
  - Action: appointed
  - Role: director
  source text: On November 17, 2022, the Board of Directors (the “Board”) of Brown-Forman Corporation (the “Company”) appointed Mark A. Clouse and Elizabeth A. Smith as directors of the Company, effective November 17, 2022, and January 24, 2023, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/14693/000001469322000137/0000014693-22-000137-index.htm
- Executive change
  Mark A. Clouse was appointed as director at BROWN FORMAN CORP.
  - Action: appointed
  - Role: director
  source text: On November 17, 2022, the Board of Directors (the “Board”) of Brown-Forman Corporation (the “Company”) appointed Mark A. Clouse and Elizabeth A. Smith as directors of the Company, effective November 17, 2022, and January 24, 2023, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/14693/000001469322000137/0000014693-22-000137-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.