Brown-Forman (BF-B) Dividend History & Yield
Brown-Forman (BF-B) has increased its dividend for 4 consecutive years and currently yields 3.57%. The most recent dividend was $0.2310/share on Apr 1, 2026, paid Quarterly.

BF-B
Current Yield
3.57%
TTM Dividend/Share
$0.92
Payment Frequency
Quarterly
Payout Ratio
53.9%
Consecutive Growth Years
4
Div Growth (1Y CAGR)
3.65%
Div Growth (5Y CAGR)
5.36%
Div Growth (10Y CAGR)
5.90%
Dividend health
Chowder score
8.9%
FCF payout ratio
14.7%
Net debt / EBITDA
2.0x
Interest coverage
11.12x
ROIC (TTM)
13.2%
Dividend Safety Score
5 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 53.9%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($0.91) does not fully cover dividend/share ($0.92).
No dividend cuts in 10+ years
3 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 4 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 14.7%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 2.0x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (5.4%) ≤ EPS growth (7.9%) — sustainable.
Per-payment dividend history
Ex-date Mar 9, 2026
- Payment date
- Apr 1, 2026
- Dividend
- $0.2310
- Adj. dividend
- $0.2310
Ex-date Dec 5, 2025
- Payment date
- Jan 2, 2026
- Dividend
- $0.2310
- Adj. dividend
- $0.2310
Ex-date Sep 3, 2025
- Payment date
- Oct 1, 2025
- Dividend
- $0.2270
- Adj. dividend
- $0.2270
Ex-date Jun 9, 2025
- Payment date
- Jul 1, 2025
- Dividend
- $0.2270
- Adj. dividend
- $0.2270
Ex-date Mar 7, 2025
- Payment date
- Apr 1, 2025
- Dividend
- $0.2270
- Adj. dividend
- $0.2270
Ex-date Dec 6, 2024
- Payment date
- Jan 2, 2025
- Dividend
- $0.2265
- Adj. dividend
- $0.2265
Ex-date Sep 3, 2024
- Payment date
- Oct 1, 2024
- Dividend
- $0.2178
- Adj. dividend
- $0.2178
Ex-date Jun 7, 2024
- Payment date
- Jul 1, 2024
- Dividend
- $0.2178
- Adj. dividend
- $0.2178
Ex-date Mar 7, 2024
- Payment date
- Apr 1, 2024
- Dividend
- $0.2178
- Adj. dividend
- $0.2178
Ex-date Nov 30, 2023
- Payment date
- Jan 2, 2024
- Dividend
- $0.2178
- Adj. dividend
- $0.2178
Ex-date Sep 1, 2023
- Payment date
- Oct 2, 2023
- Dividend
- $0.2055
- Adj. dividend
- $0.2055
Ex-date Jun 7, 2023
- Payment date
- Jul 3, 2023
- Dividend
- $0.2055
- Adj. dividend
- $0.2055
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Mar 9, 2026 | Apr 1, 2026 | $0.2310 | $0.2310 |
| Dec 5, 2025 | Jan 2, 2026 | $0.2310 | $0.2310 |
| Sep 3, 2025 | Oct 1, 2025 | $0.2270 | $0.2270 |
| Jun 9, 2025 | Jul 1, 2025 | $0.2270 | $0.2270 |
| Mar 7, 2025 | Apr 1, 2025 | $0.2270 | $0.2270 |
| Dec 6, 2024 | Jan 2, 2025 | $0.2265 | $0.2265 |
| Sep 3, 2024 | Oct 1, 2024 | $0.2178 | $0.2178 |
| Jun 7, 2024 | Jul 1, 2024 | $0.2178 | $0.2178 |
| Mar 7, 2024 | Apr 1, 2024 | $0.2178 | $0.2178 |
| Nov 30, 2023 | Jan 2, 2024 | $0.2178 | $0.2178 |
| Sep 1, 2023 | Oct 2, 2023 | $0.2055 | $0.2055 |
| Jun 7, 2023 | Jul 3, 2023 | $0.2055 | $0.2055 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Brown-Forman has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 4 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $0.9120 | — | — |
| 2025 | $0.8799 | $0.9120 | +3.6% |
| 2024 | $0.8343 | $0.8799 | +5.5% |
| 2023 | $0.7710 | $0.8343 | +8.2% |
| 2022 | $1.7270 | $0.7710 | -55.4% |
| 2021 | $0.7024 | $1.7270 | +145.9% |
| 2020 | $0.6723 | $0.7024 | +4.5% |
| 2019 | $1.6400 | $0.6723 | -59.0% |
| 2018 | $0.5976 | $1.6400 | +174.4% |
| 2017 | $0.5544 | $0.5976 | +7.8% |
| 2016 | $0.5140 | $0.5544 | +7.9% |
| 2015 | $0.4740 | $0.5140 | +8.4% |
| 2014 | $0.4220 | $0.4740 | +12.3% |
| 2013 | $0.3819 | $0.4220 | +10.5% |
| 2012 | $0.3493 | $0.3819 | +9.3% |
| 2011 | $0.5920 | $0.3493 | -41.0% |
| 2010 | $0.3104 | $0.5920 | +90.7% |
| 2009 | $0.2944 | $0.3104 | +5.4% |
| 2008 | $0.6191 | $0.2944 | -52.4% |
| 2007 | $0.2438 | $0.6191 | +153.9% |
| 2006 | $0.2165 | $0.2438 | +12.6% |
| 2005 | $0.1886 | $0.2165 | +14.8% |
| 2004 | $0.1653 | $0.1886 | +14.1% |
| 2003 | $0.1520 | $0.1653 | +8.8% |
| 2002 | $0.1429 | $0.1520 | +6.3% |
| 2001 | $0.1344 | $0.1429 | +6.3% |
| 2000 | $0.1275 | $0.1344 | +5.4% |
| 1999 | $0.1211 | $0.1275 | +5.3% |
| 1998 | $0.1163 | $0.1211 | +4.1% |
| 1997 | $0.1120 | $0.1163 | +3.8% |
| 1996 | $0.1071 | $0.1120 | +4.6% |
| 1995 | $0.1025 | $0.1071 | +4.5% |
| 1994 | $0.0978 | $0.1025 | +4.8% |
| 1993 | $0.0892 | $0.0978 | +9.6% |
| 1992 | $0.0814 | $0.0892 | +9.6% |
| 1991 | $0.0754 | $0.0814 | +8.0% |
| 1990 | $0.0633 | $0.0754 | +19.1% |
| 1989 | $0.0512 | $0.0633 | +23.6% |
| 1988 | $0.0187 | $0.0512 | +173.4% |
| 1987 | $0.0383 | $0.0187 | -51.1% |
| 1986 | — | $0.0383 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Brown-Forman (BF-B) from the consolidated cash flow statement, in USD as filed.
Latest period
$428.00M
YoY change
+4.0%
5Y CAGR
+5.3%
Peak year (2013)
$1.06B
Latest annual
$420.00M
Cash dividends paid over time for Brown-Forman (BF-B)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Brown-Forman (BF-B)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $420.00M | +4.0% | +$16.00M | ||
| 2024 | $404.00M | +6.9% | +$26.00M | ||
| 2023 | $378.00M | -54.5% | -$453.00M | ||
| 2022 | $831.00M | +145.9% | +$493.00M | ||
| 2021 | $338.00M | +4.0% | +$13.00M | ||
| 2020 | $325.00M | +4.8% | +$15.00M | ||
| 2019 | $310.00M | -59.9% | -$463.00M | ||
| 2018 | $773.00M | +182.1% | +$499.00M | ||
| 2017 | $274.00M | +3.0% | +$8.00M | ||
| 2016 | $266.00M | +3.9% | +$10.00M | ||
| 2015 | $256.00M | +9.9% | +$23.00M | ||
| 2014 | $233.00M | -78.1% | -$830.00M | ||
| 2013 | $1.06B | +453.6% | +$871.00M | ||
| 2012 | $192.00M | -41.1% | -$134.00M | ||
| 2011 | $326.00M | +87.4% | +$152.00M | ||
| 2010 | $174.00M | +3.0% | +$5.00M | ||
| 2009 | $169.00M | -53.3% | -$193.00M | ||
| 2008 | $362.00M | +153.1% | +$219.00M | ||
| 2007 | $143.00M | +11.7% | +$15.00M | ||
| 2006 | $128.00M | +15.3% | +$17.00M | ||
| 2005 | $111.00M | +14.4% | +$14.00M | ||
| 2004 | $97.00M | -2.0% | -$2.00M | ||
| 2003 | $99.00M | +5.3% | +$5.00M | ||
| 2002 | $94.00M | +8.0% | +$7.00M | ||
| 2001 | $87.00M | +4.8% | +$4.00M | ||
| 2000 | $83.00M | +5.1% | +$4.00M | ||
| 1999 | $79.00M | +3.9% | +$3.00M | ||
| 1998 | $76.00M | +4.1% | +$3.00M | ||
| 1997 | $73.00M | +2.8% | +$2.00M | ||
| 1996 | $71.00M | +5.3% | +$3.60M | ||
| 1995 | $67.40M | -8.7% | -$6.40M | ||
| 1994 | $73.80M | +3.1% | +$2.20M | ||
| 1993 | $71.60M | +10.2% | +$6.60M | ||
| 1992 | $65.00M | +7.4% | +$4.50M | ||
| 1991 | $60.50M | +13.9% | +$7.40M | ||
| 1990 | $53.10M | +23.5% | +$10.10M | ||
| 1989 | $43.00M | — | — |
Brown-Forman (BF-B) most recent annual dividends paid stands at $420.00M (2025) – edged up 4.0% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Brown-Forman dividends paid compounded at +5.3% per year, sustaining 2 straight years of year-over-year growth.
Between 2013 and 2025, Brown-Forman dividends paid plunged 60.5%, falling from $1.06B to $420.00M.
$1.06B stands as the all-time-high annual dividends paid, posted in 2013, against a low of $43.00M during 1989.
Among 8 Consumer Defensive peers, Brown-Forman (BF-B) ranks 8th; the peer median for dividends paid is $7.57B.
Brown-Forman Dividends Paid 2025: $420.00M
Brown-Forman dividends paid in 2025 was $420.00M, edged up 4.0% from 2024.
Brown-Forman Dividends Paid 2024: $404.00M
Brown-Forman dividends paid in 2024 was $404.00M, grew 6.9% from 2023.
Brown-Forman Dividends Paid 2023: $378.00M
Brown-Forman dividends paid in 2023 was $378.00M, plunged 54.5% below 2022.
Brown-Forman Dividends Paid 2022: $831.00M
Brown-Forman dividends paid in 2022 was $831.00M, surged 145.9% from 2021.
Brown-Forman Dividends Paid 2021: $338.00M
Brown-Forman dividends paid in 2021 was $338.00M.
See more financial history for Brown-Forman (BF-B).
Sector peers by dividends paid
Companies in the same sector as Brown-Forman, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| Procter & Gamble (PG) | $9.87B | Consumer Defensive |
| Coca-Cola (KO) | $8.78B | Consumer Defensive |
| Philip Morris International (PM) | $8.62B | Consumer Defensive |
| PepsiCo (PEP) | $7.64B | Consumer Defensive |
| Walmart (WMT) | $7.51B | Consumer Defensive |
| Altria Group (MO) | $6.96B | Consumer Defensive |
| Costco (COST) | $2.18B | Consumer Defensive |
| Monster Beverage (MNST) | $0 | Consumer Defensive |
Frequently asked questions
Does Brown-Forman pay dividends?
Yes, Brown-Forman (BF-B) pays quarterly dividends of approximately $0.92 per share annually, yielding 3.57%.
What is Brown-Forman's dividend yield?
Brown-Forman (BF-B) has a current dividend yield of 3.57%.
Is Brown-Forman's dividend safe?
Brown-Forman (BF-B) passes 5 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Brown-Forman increased its dividend?
Brown-Forman (BF-B) has 4 consecutive years of dividend increases.
What is Brown-Forman's dividend payout ratio?
Brown-Forman (BF-B) has a dividend payout ratio of 53.9%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Brown-Forman's dividends paid?
Latest reported dividends paid for Brown-Forman (BF-B) is $428.00M (period ending January 31, 2026).
How has Brown-Forman dividends paid changed year-over-year?
Brown-Forman (BF-B) dividends paid changed +4.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Brown-Forman dividends paid?
Brown-Forman (BF-B) dividends paid compound annual growth rate is +5.3% over the most recent 5 years available.
When did Brown-Forman dividends paid hit its highest annual value?
Brown-Forman dividends paid reached its highest annual value of $1.06B in 2013.
What was Brown-Forman dividends paid in 2024?
Brown-Forman (BF-B) dividends paid in 2024 was $404.00M.
What was Brown-Forman dividends paid in 2025?
Brown-Forman (BF-B) dividends paid in 2025 was $420.00M.
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