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Brown-Forman (Brown-Forman) 3-Year Dividend Growth Rate : 5.00% (As of Jan. 2024)


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What is Brown-Forman 3-Year Dividend Growth Rate?

Brown-Forman's Dividends per Share for the three months ended in Jan. 2024 was $0.22.

The historical rank and industry rank for Brown-Forman's 3-Year Dividend Growth Rate or its related term are showing as below:

BF.A' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 4.3   Med: 7.7   Max: 65.1
Current: 5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Brown-Forman was 65.10% per year. The lowest was 4.30% per year. And the median was 7.70% per year.

BF.A's 3-Year Dividend Growth Rate is ranked worse than
61.26% of 111 companies
in the Beverages - Alcoholic industry
Industry Median: 7.7 vs BF.A: 5.00

During the past 12 months, Brown-Forman's average Dividends Per Share Growth Rate was 8.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Brown-Forman's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.36. As of today, Brown-Forman's Dividend Yield % is 1.68%.

Good Sign:

Brown-Forman Corp stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Brown-Forman's 3-Year Dividend Growth Rate

For the Beverages - Wineries & Distilleries subindustry, Brown-Forman's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Brown-Forman's 3-Year Dividend Growth Rate Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Brown-Forman's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Brown-Forman's 3-Year Dividend Growth Rate falls into.



Brown-Forman 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Brown-Forman  (NYSE:BF.A) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Brown-Forman's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2024 )/ EPS without NRI (Q: Jan. 2024 )
=0.218/ 0.6
=0.36

During the past 13 years, the highest Dividend Payout Ratio of Brown-Forman was 0.48. The lowest was 0.36. And the median was 0.40.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Brown-Forman Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2182024-03-072024-03-082024-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2182023-11-302023-12-012024-01-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.2062023-09-012023-09-052023-10-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.2062023-06-072023-06-082023-07-03Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Brown-Forman's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.848/49.50
=1.71 %

Current Share Price is $49.50.
Brown-Forman's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.848.

During the past 13 years, the highest Dividend Yield of Brown-Forman was 1.74%. The lowest was 0.86%. And the median was 1.21%.

Good Sign:

Brown-Forman Corp stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Brown-Forman 3-Year Dividend Growth Rate Related Terms>


Brown-Forman (Brown-Forman) Business Description

Traded in Other Exchanges
Address
850 Dixie Highway, Louisville, KY, USA, 40210
Brown-Forman is a U.S.-based manufacturer of premium distilled spirits that generates close to 70% of revenues in the whiskey category, under well-known Tennessee whiskey brand Jack Daniel's and bourbon brands Woodford Reserve and Old Forester. It also manufactures and distributes tequila, vodka, rum, gin, and premium wines. The company generates 47% of sales from its home market, while the bulk of international revenues come from Europe, Australia, and Latin America. The Brown family controls over 50% of the economic interests and a 67% voting power of the company.
Executives
De Chabert Ralph E officer: SVP, Chief Diversity Officer 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Augusta Brown Holland director 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Kelli Nelson officer: SVP, Chief Accounting Officer 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Chavanne Patrick Bousquet director 767 FIFTH AVENUE, NEW YORK NY 10153
Matthew E Hamel officer: EVP, Gen Counsel and Secretary 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Michael Todman director C/O TMA LIMITED, LLC, 500 RENAISSANCE DRIVE, SUITE 103B, ST. JOSEPH MI 49085
Matias Bentel officer: SVP, Chief Brands Officer 850 DIXIE HWY, LOUISVILLE KY 40210
John V. Hayes officer: SVP/President, USA & Canada 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Tracy L Skeans director 1441 GARDINER LANE, LOUISVILLE KY 40213
Thomas Hinrichs officer: SVP/Pres., Emerging Intl 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Kirsten M Hawley officer: SVP, Chief HR Officer 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Kathleen M. Gutmann director 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Alejandro A Alvarez officer: SVP, Chief Production Officer 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Lawson E Whiting director, officer: President & CEO 850 DIXIE HIGHWAY, LOUISVILLE KY 40228
John D. Cook director 850 DIXIE HIGHWAY, LOUISVILLE KY 40210