BF-A Brown-Forman Corporation — dividend yield, history & ex-dividend dates
Brown-Forman Corporation, along with its subsidiaries, is a global enterprise specializing in the production and distribution of a diverse range of alcoholic beverages. Its comprehensive operations cover manufacturing, distilling, bottling, and the global marketing and sale of these offerings. Its extensive product portfolio features a diverse selection of spirits, including various whiskies (encompassing flavored whiskey liqueurs and bourbons), vodkas, tequilas, brandy, and other liqueurs. The company also offers a variety of wines, champagnes, and convenient ready-to-drink (RTD) and ready-to-pour (RTP) options, such as pre-mixed cocktails. These diverse libations are primarily sold under prominent brand names, including Jack Daniel's, Reserve, Old Forester, Coopers' Craft, Herradura, el Jimador, New Mix, Korbel Champagnes, Sonoma-Cutrer, Finlandia, GlenDronach, Benriach, Glenglassaugh, Chambord, Slane, and Fords Gin. Beyond its main beverage business, Brown-Forman also deals in the sale of surplus assets like used barrels, bulk whiskey, and wine, while additionally providing contract bottling services. The distribution network ensures products reach retail consumers and individual patrons through either distributors or state government channels. Furthermore, the corporation directly supplies retailers, wholesalers, and provincial government organizations. Maintaining a substantial global presence, Brown-Forman conducts operations across the United States, Germany, Australia, the United Kingdom, Mexico, and numerous other international regions. Founded in 1870, the firm's corporate headquarters are located in Louisville, Kentucky.
Dividend Snapshot
Research Scores
Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.
How the Dividend Safety Score is built for BF-A
| Input | Value | Points | Weight |
|---|---|---|---|
| Earnings payout ratio | Earnings payout ratio 59% (TTM to Jul 31, 2026) | 81 | 20% |
| FCF payout ratio | FCF payout ratio 46% (TTM to Jul 31, 2026) | 100 | 25% |
| Net debt / EBITDA | Net debt / EBITDA 1.8x (TTM to Jul 31, 2026) | 88 | 15% |
| Interest coverage | Interest coverage 12.6x (TTM to Jul 31, 2026) | 95 | 10% |
| Dividend record | 41 years of uninterrupted regular payments; last cut Sep 6, 2017 (-20.2%), within 10 years: capped at 50 | 50 | 20% |
| Earnings stability | Net income positive in 5 of the last 5 fiscal years (FY2022–FY2026) | 100 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.
How the Dividend Growth Score is built for BF-A
| Input | Value | Points | Weight |
|---|---|---|---|
| 5-year dividend growth | 5-year dividend CAGR 5.3% (2020–2025) | 74 | 25% |
| Consecutive annual increases | 8 consecutive annual increases (through 2025) | 72 | 20% |
| Payout headroom | Headroom from the earnings payout ratio 59% (TTM to Jul 31, 2026) | 71 | 20% |
| Earnings per share growth (3 years) | EPS CAGR -2.1% (FY2023–FY2026) | 30 | 15% |
| Revenue growth (3 years) | Revenue CAGR -2.4% (FY2023–FY2026) | 26 | 10% |
| 10-year dividend growth | 10-year dividend CAGR 5.9% (2015–2025) | 78 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.
How the Dividend Value Score is built for BF-A
| Input | Value | Points | Weight |
|---|---|---|---|
| Yield vs own history | Current yield at the 89th percentile of its 120 month-end yields | 89 | 40% |
| P/E vs own 5-year median | P/E 19.0 is 0.83x its 5-year median of 22.8 | 75 | 25% |
| FCF yield | FCF yield 6.9% (TTM to Jul 31, 2026) | 89 | 20% |
| P/E vs peers | P/E 19.0 vs peer median 23.1 (0.82x; 55 corporation / Consumer Defensive securities) | 72 | 15% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.
Key Metrics
Current Yield
3.14%
At the Oct 19, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$0.9240
Declared Jul 23, 2026
The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.Frequency
Q Quarterly
How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.RSI (14)
65
As of Oct 19, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$23.20 – $30.87
Closes through Oct 16, 2026
The lowest and highest price over the past year, showing where today's price sits in its recent range.Payout Ratio (TTM)
59.08%
12 months to Jul 31, 2026 (Q1 FY2027)
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
41
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (TTM)
3.34
Price as of Oct 18, 2026; latest reported book value
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
How often a record like this ends in a cut
BF-A has raised its annual dividend in 37 separate years since December 1984, which ranks 71 among the 2,435 payers with a comparable record in our dataset. In 2 years the annual total fell by more than a fifth.
Of the 310 companies we track with 25 or more years of increases, 173 — 56 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 278 of 1079 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.
Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.
Why the Yield Moved (90 Days)
BF-A's dividend yield fell from 3.45% to 3.14% over the past ~90 days (-0.32 pp). Of that move, +0.00 pp came from changes in the dividend rate and -0.32 pp from the share price ($26.75 on Jul 21, 2026 → $29.46 on Oct 19, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 275 daily observations over the past 13 months (through Oct 16, 2026), BF-A's current yield is higher than approximately 12% of them. Our stored price history for BF-A covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.2310 Q | Regular | Jul 23, 2026 | Sep 03, 2026 | Sep 03, 2026 | Oct 01, 2026 |
| $0.2310 Q | Regular | May 28, 2026 | Jun 10, 2026 | Jun 10, 2026 | Jul 01, 2026 |
| $0.2310 Q | Regular | Feb 18, 2026 | Mar 09, 2026 | Mar 09, 2026 | Apr 01, 2026 |
| $0.2310 Q | Regular | Nov 19, 2025 | Dec 05, 2025 | Dec 05, 2025 | Jan 02, 2026 |
| $0.2265 Q | Regular | Jul 24, 2025 | Sep 03, 2025 | Sep 03, 2025 | Oct 01, 2025 |
| $0.2265 Q | Regular | May 22, 2025 | Jun 09, 2025 | Jun 09, 2025 | Jul 01, 2025 |
| $0.2265 Q | Regular | Feb 20, 2025 | Mar 07, 2025 | Mar 07, 2025 | Apr 01, 2025 |
| $0.2265 Q | Regular | N/A | Dec 06, 2024 | Dec 06, 2024 | Jan 02, 2025 |
| $0.2178 Q | Regular | Jul 25, 2024 | Sep 03, 2024 | Sep 03, 2024 | Oct 01, 2024 |
| $0.2178 Q | Regular | N/A | Jun 07, 2024 | Jun 07, 2024 | Jul 01, 2024 |
| $0.2178 Q | Regular | Jan 23, 2024 | Mar 07, 2024 | Mar 08, 2024 | Apr 01, 2024 |
| $0.2178 Q | Regular | Nov 16, 2023 | Nov 30, 2023 | Dec 01, 2023 | Jan 02, 2024 |
| $0.2055 Q | Regular | Jul 27, 2023 | Sep 01, 2023 | Sep 05, 2023 | Oct 02, 2023 |
| $0.2055 Q | Regular | May 25, 2023 | Jun 07, 2023 | Jun 08, 2023 | Jul 03, 2023 |
| $0.2055 Q | Regular | Jan 24, 2023 | Mar 07, 2023 | Mar 08, 2023 | Apr 03, 2023 |
| $0.2060 Q | Regular | Nov 17, 2022 | Dec 01, 2022 | Dec 02, 2022 | Jan 03, 2023 |
| $0.1890 Q | Regular | Jul 28, 2022 | Sep 02, 2022 | Sep 06, 2022 | Oct 03, 2022 |
| $0.1890 Q | Regular | May 26, 2022 | Jun 07, 2022 | Jun 08, 2022 | Jul 01, 2022 |
| $0.1890 Q | Regular | Jan 25, 2022 | Mar 07, 2022 | Mar 08, 2022 | Apr 01, 2022 |
| $1.0000 S | Special | Nov 18, 2021 | Dec 08, 2021 | Dec 09, 2021 | Dec 29, 2021 |
| $0.1890 Q | Regular | Nov 18, 2021 | Dec 02, 2021 | Dec 03, 2021 | Dec 28, 2021 |
| $0.1795 Q | Regular | Jul 23, 2021 | Sep 02, 2021 | Sep 03, 2021 | Oct 01, 2021 |
| $0.1795 Q | Regular | May 27, 2021 | Jun 07, 2021 | Jun 08, 2021 | Jul 01, 2021 |
| $0.1800 Q | Regular | Jan 27, 2021 | Mar 05, 2021 | Mar 08, 2021 | Apr 01, 2021 |
| $0.1800 Q | Regular | Nov 19, 2020 | Dec 03, 2020 | Dec 04, 2020 | Jan 04, 2021 |
| $0.1740 Q | Regular | Jul 23, 2020 | Sep 03, 2020 | Sep 04, 2020 | Oct 01, 2020 |
| $0.1740 Q | Regular | May 21, 2020 | Jun 05, 2020 | Jun 08, 2020 | Jul 01, 2020 |
| $0.1740 Q | Regular | Jan 28, 2020 | Mar 06, 2020 | Mar 09, 2020 | Apr 01, 2020 |
| $0.1740 Q | Regular | Nov 21, 2019 | Dec 04, 2019 | Dec 05, 2019 | Jan 02, 2020 |
| $0.1660 Q | Regular | Jul 25, 2019 | Sep 05, 2019 | Sep 06, 2019 | Oct 01, 2019 |
| $0.1660 Q | Regular | May 23, 2019 | Jun 05, 2019 | Jun 06, 2019 | Jul 01, 2019 |
| $0.1660 Q | Regular | Jan 29, 2019 | Mar 01, 2019 | Mar 04, 2019 | Apr 01, 2019 |
| $0.1660 Q | Regular | Nov 15, 2018 | Dec 06, 2018 | Dec 06, 2018 | Jan 02, 2019 |
| $0.1580 Q | Regular | Jul 26, 2018 | Sep 05, 2018 | Sep 06, 2018 | Oct 01, 2018 |
| $0.1580 Q | Regular | May 24, 2018 | Jun 05, 2018 | Jun 06, 2018 | Jul 03, 2018 |
| $1.0000 M | Special | Jan 23, 2018 | Mar 29, 2018 | Apr 02, 2018 | Apr 23, 2018 |
| $0.1580 Q | Regular | Jan 23, 2018 | Mar 02, 2018 | Mar 05, 2018 | Apr 02, 2018 |
| $0.1580 Q | Regular | Nov 16, 2017 | Dec 06, 2017 | Dec 07, 2017 | Jan 02, 2018 |
| $0.1460 Q | Regular | Jul 28, 2017 | Sep 06, 2017 | Sep 07, 2017 | Oct 02, 2017 |
| $0.1830 Q | Regular | May 25, 2017 | Jun 01, 2017 | Jun 05, 2017 | Jul 03, 2017 |
| $0.1825 Q | Regular | Jan 24, 2017 | Mar 02, 2017 | Mar 06, 2017 | Apr 03, 2017 |
| $0.1825 Q | Regular | Nov 17, 2016 | Nov 30, 2016 | Dec 02, 2016 | Jan 03, 2017 |
| $0.1700 Q | Regular | Aug 03, 2016 | Aug 30, 2016 | Sep 01, 2016 | Oct 03, 2016 |
| $0.3400 Q | Regular | May 26, 2016 | Jun 02, 2016 | Jun 06, 2016 | Jul 01, 2016 |
| $0.3400 Q | Regular | Jan 29, 2016 | Mar 07, 2016 | Mar 09, 2016 | Apr 01, 2016 |
| $0.3400 Q | Regular | Nov 19, 2015 | Dec 01, 2015 | Dec 03, 2015 | Dec 30, 2015 |
| $0.3150 Q | Regular | Jul 23, 2015 | Sep 03, 2015 | Sep 08, 2015 | Oct 01, 2015 |
| $0.3150 Q | Regular | May 21, 2015 | Jun 01, 2015 | Jun 03, 2015 | Jul 01, 2015 |
| $0.3150 Q | Regular | Jan 20, 2015 | Mar 06, 2015 | Mar 10, 2015 | Apr 01, 2015 |
| $0.3150 Q | Regular | Nov 20, 2014 | Dec 02, 2014 | Dec 04, 2014 | Dec 30, 2014 |
| $0.2900 Q | Regular | Jul 24, 2014 | Sep 04, 2014 | Sep 08, 2014 | Oct 01, 2014 |
| $0.2900 Q | Regular | May 21, 2014 | Jun 02, 2014 | Jun 04, 2014 | Jul 01, 2014 |
| $0.2900 Q | Regular | Jan 23, 2014 | Mar 05, 2014 | Mar 07, 2014 | Apr 01, 2014 |
| $0.2900 Q | Regular | Nov 21, 2013 | Dec 02, 2013 | Dec 04, 2013 | Dec 27, 2013 |
| $0.2550 Q | Regular | N/A | Sep 03, 2013 | N/A | N/A |
| $0.2550 Q | Regular | N/A | Jun 03, 2013 | N/A | N/A |
| $0.2550 Q | Regular | N/A | Mar 06, 2013 | N/A | N/A |
| $4.0000 S | Special | N/A | Dec 10, 2012 | N/A | N/A |
| $0.2550 Q | Regular | N/A | Dec 03, 2012 | N/A | N/A |
| $0.2333 Q | Regular | N/A | Sep 05, 2012 | N/A | N/A |
| $0.3500 Q | Regular | N/A | Jun 04, 2012 | N/A | N/A |
| $0.3500 Q | Regular | N/A | Mar 01, 2012 | N/A | N/A |
| $0.3500 Q | Regular | N/A | Dec 02, 2011 | N/A | N/A |
| $0.3200 Q | Regular | N/A | Sep 01, 2011 | N/A | N/A |
| $0.3200 Q | Regular | N/A | Jun 06, 2011 | N/A | N/A |
| $0.3200 Q | Regular | N/A | Mar 07, 2011 | N/A | N/A |
| $1.0000 Q | Regular | N/A | Dec 08, 2010 | Dec 10, 2010 | Dec 28, 2010 |
| $0.3000 Q | Regular | N/A | Sep 02, 2010 | N/A | N/A |
| $0.3000 Q | Regular | N/A | Jun 03, 2010 | N/A | N/A |
| $0.3000 Q | Regular | N/A | Mar 04, 2010 | N/A | N/A |
| $0.3000 Q | Regular | N/A | Dec 03, 2009 | N/A | N/A |
| $0.2875 Q | Regular | N/A | Sep 03, 2009 | N/A | N/A |
| $0.2875 Q | Regular | N/A | Jun 04, 2009 | N/A | N/A |
| $0.2875 Q | Regular | N/A | Mar 04, 2009 | N/A | N/A |
| $0.2875 Q | Regular | N/A | Dec 04, 2008 | N/A | N/A |
| $0.3400 Q | Regular | N/A | Sep 04, 2008 | N/A | N/A |
| $0.3400 Q | Regular | N/A | Jun 02, 2008 | N/A | N/A |
| $0.3400 Q | Regular | N/A | Mar 03, 2008 | N/A | N/A |
| $0.3400 Q | Regular | N/A | Dec 03, 2007 | N/A | N/A |
| $0.3025 Q | Regular | N/A | Aug 30, 2007 | N/A | N/A |
| $0.3025 Q | Regular | N/A | Jun 04, 2007 | N/A | N/A |
| $1.6530 M | Special | N/A | Apr 09, 2007 | N/A | N/A |
| $0.3025 Q | Regular | N/A | Mar 02, 2007 | N/A | N/A |
| $0.3025 Q | Regular | N/A | Nov 30, 2006 | N/A | N/A |
| $0.2800 Q | Regular | N/A | Sep 05, 2006 | N/A | N/A |
| $0.2800 Q | Regular | N/A | Jun 05, 2006 | N/A | N/A |
| $0.2800 Q | Regular | N/A | Mar 06, 2006 | N/A | N/A |
| $0.2800 Q | Regular | N/A | Dec 01, 2005 | N/A | N/A |
| $0.2450 Q | Regular | N/A | Sep 06, 2005 | N/A | N/A |
| $0.2450 Q | Regular | N/A | Jun 02, 2005 | N/A | N/A |
| $0.2450 Q | Regular | N/A | Mar 08, 2005 | N/A | N/A |
| $0.2450 Q | Regular | N/A | Dec 02, 2004 | N/A | N/A |
| $0.2125 Q | Regular | N/A | Sep 02, 2004 | N/A | N/A |
| $0.2125 Q | Regular | N/A | Jun 03, 2004 | N/A | N/A |
| $0.2125 Q | Regular | N/A | Mar 04, 2004 | N/A | N/A |
| $0.4250 Q | Regular | N/A | Dec 03, 2003 | N/A | N/A |
| $0.3750 Q | Regular | N/A | Aug 29, 2003 | N/A | N/A |
| $0.3750 Q | Regular | N/A | Jun 05, 2003 | N/A | N/A |
| $0.3750 Q | Regular | N/A | Feb 28, 2003 | N/A | N/A |
| $0.3750 Q | Regular | N/A | Dec 04, 2002 | N/A | N/A |
| $0.3500 Q | Regular | N/A | Aug 30, 2002 | N/A | N/A |
| $0.3500 Q | Regular | N/A | Jun 04, 2002 | N/A | N/A |
| $0.3500 Q | Regular | N/A | Mar 01, 2002 | N/A | N/A |
| $0.3500 Q | Regular | N/A | Dec 03, 2001 | N/A | N/A |
| $0.3300 Q | Regular | N/A | Aug 29, 2001 | N/A | N/A |
| $0.3300 Q | Regular | N/A | Jun 05, 2001 | N/A | N/A |
| $0.3300 Q | Regular | N/A | Mar 06, 2001 | N/A | N/A |
| $0.3300 Q | Regular | N/A | Dec 04, 2000 | N/A | N/A |
| $0.3100 Q | Regular | N/A | Sep 01, 2000 | N/A | N/A |
| $0.3100 Q | Regular | N/A | Jun 07, 2000 | N/A | N/A |
| $0.3100 Q | Regular | N/A | Mar 08, 2000 | N/A | N/A |
| $0.3100 Q | Regular | N/A | Dec 01, 1999 | N/A | N/A |
| $0.2950 Q | Regular | N/A | Sep 02, 1999 | N/A | N/A |
| $0.2950 Q | Regular | N/A | Jun 03, 1999 | N/A | N/A |
| $0.2950 Q | Regular | N/A | Mar 05, 1999 | N/A | N/A |
| $0.2950 Q | Regular | N/A | Dec 02, 1998 | N/A | N/A |
| $0.2800 Q | Regular | N/A | Aug 31, 1998 | N/A | N/A |
| $0.2800 Q | Regular | N/A | Jun 09, 1998 | N/A | N/A |
| $0.2800 Q | Regular | N/A | Mar 02, 1998 | N/A | N/A |
| $0.2800 Q | Regular | N/A | Dec 03, 1997 | N/A | N/A |
Peer Comparison
Selected Beverages - Alcoholic dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| TSGTY | Tsingtao Brewery Company Limited | 6.73% | 31.8% | 8 yrs | 72 |
| ABEV | Ambev S.A. | 1.70% | 39.5% | 0 yrs | 61 |
| TAP-A | Molson Coors Beverage Company | 4.59% | 27.0% | 3 yrs | 56 |
| MXGBF | Molson Coors Canada Inc. | 4.01% | 27.4% | 3 yrs | 55 |
Related Guides & Lists
BF-A dividend — frequently asked questions
Does Brown-Forman Corporation pay a dividend?
Yes. Brown-Forman Corporation (BF-A) currently pays a dividend. The annualized dividend is about $0.92 per share, a yield of approximately 3.14%.
What is Brown-Forman Corporation's dividend yield?
Brown-Forman Corporation's dividend yield is approximately 3.14%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does Brown-Forman Corporation pay dividends?
Brown-Forman Corporation pays dividends quarterly — 4 times per year.
How long has Brown-Forman Corporation paid dividends?
Brown-Forman Corporation has 41 years of dividend payments on record, and has increased its dividend for 8 consecutive years.
Data updated Oct 19, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.