dividend
confidence high
sentiment positive
materiality 0.50
Brown-Forman declares $0.2310 quarterly dividend; CEO succession underway
BROWN FORMAN CORP
- Board approved quarterly cash dividend of $0.2310 per share, payable Oct 1, 2026 to holders of record Sep 3, 2026.
- CEO Lawson Whiting to retire upon appointment of successor; internal and external candidates being considered.
- Stockholders elected all 11 director nominees, approved executive compensation, and ratified Ernst & Young as auditor for fiscal 2027.
- Company has paid regular dividends for 82 consecutive years and increased for 42 consecutive years.