Brown-Forman (Brown-Forman) Dividend Payout Ratio

: 0.36 (As of Jan. 2024)

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Brown-Forman's dividend payout ratio for the months ended in Jan. 2024 was 0.36.

The historical rank and industry rank for Brown-Forman's Dividend Payout Ratio or its related term are showing as below:

BF.A' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.36 Med: 0.4 Max: 0.48
Current: 0.42

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.

BF.A's Dividend Payout Ratio is ranked better than
55.74% of 122 companies
in the Beverages - Alcoholic industry
Industry Median: 0.465 vs BF.A: 0.42

As of today (2024-04-16), the Dividend Yield % of Brown-Forman is 1.67%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Brown-Forman was 1.70%. The lowest was 0.86%. And the median was 1.21%.

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

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.

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.

The growth rate is calculated with least square regression.

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

Brown-Forman Dividend Payout Ratio Historical Data

The historical data trend for Brown-Forman's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Brown-Forman Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Dividend Payout Ratio

0.38

0.40

0.43

0.42

0.48

Brown-Forman Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Dividend Payout Ratio																0.98	0.48	0.43	0.41	0.36

Competitive Comparison

For the Beverages - Wineries & Distilleries subindustry, Brown-Forman's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Brown-Forman's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Brown-Forman's Dividend Payout Ratio falls into.

Brown-Forman Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Brown-Forman's Dividend Payout Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Apr. 2023 )	/	EPS without NRI (A: Apr. 2023 )
	=	0.788	/	1.63
	=	0.48

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

Brown-Forman (NYSE:BF.A) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Brown-Forman Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Brown-Forman's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Brown-Forman (Brown-Forman) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Brown-Forman Corp (NYSE:BF.A) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

BF.B:USA BF5A:Germany BF5B:Germany BF5B:Germany

Address

850 Dixie Highway, Louisville, KY, USA, 40210

Website

https://www.brown-forman.com

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