Brown-Forman’s Dividend Growth Depends on a Recovery that Has Yet to Materialize

Brown-Forman Corporation (NYSE:BF-B), which produces Jack Daniel’s, Woodford Reserve, and other premium spirits, has a well-established track record of rewarding its shareholders. It has been paying regular dividends for 82 consecutive years and has increased its dividend for 42 years in a row. The most recent quarterly dividend declared is $0.231 per share, which amounts […]