Brown-Forman Corporation (BF-A) Dividend History
BF-A latest dividend
$0.23last dividend per share
Ex-dividend dateSep 3Thursday, 2026
Payment dateOct 1Thursday, 2026
The next dividend has not been announced yet.
- 3 yearsof dividend increases
- 1984paying since
- Quarterly4 payments a year
- +5.4%5-year growth a year
- 3.12%forward yield
BF-A dividend income calculator
- Dividend income a year
- $92
- Each payment
- $23
- Value of the shares
- $2,946
- Dividend yield
- 3.12%
At the latest close; forward annual dividend $0.92 per share, before tax.
BF-A dividends per share by year
Dividends per shareYield at year-end (right axis)
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
BF-A dividend safety
Payout ratio (earnings)59.6%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)47.8%
Well covered · of fiscal 2026 free cash flow
Dividend growth (5 years)+5.4%
Growing · a year on average
Years of increases3
Short record · consecutive calendar years with a higher dividend
Descriptive bands, not a rating.
BF-A yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $28.52 | 3.23% | $0.92 | 3.2% |
| 3 years ago | $56.79 | 1.62% | $2.70 | 4.8% |
| 5 years ago | $65.34 | 1.41% | $5.28 | 8.1% |
| 10 years ago | $28.51 | 3.23% | $9.39 | 32.9% |
| 20 years ago | $11.79 | 7.80% | $13.90 | 117.9% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
BF-A dividend payments
Payment
Each bar is one payment, by ex-dividend month (last 40 payments).
BF-A dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $0.91 | +3.5% | 3.47% | 4 |
| 2024 | $0.88 | +5.4% | 2.34% | 4 |
| 2023 | $0.84 | +8.2% | 1.40% | 4 |
| 2022 | $0.77 | −55.3% | 1.18% | 4 |
| 2021 | $1.73 | — | 2.55% | 5 |
| 2020 | $0.70 | +4.5% | 0.96% | 4 |
| 2019 | $0.67 | −59.0% | 1.07% | 4 |
| 2018 | $1.64 | — | 3.46% | 5 |
| 2017 | $0.45 | +7.8% | 1.11% | 4 |
| 2016 | $0.41 | +7.9% | 1.50% | 4 |
| 2015 | $0.38 | +8.4% | 1.17% | 4 |
| 2014 | $0.35 | +12.3% | 1.35% | 4 |
| 2013 | $0.32 | −78.7% | 1.43% | 4 |
| 2012 | $1.48 | — | 8.06% | 5 |
| 2011 | $0.26 | −41.0% | 1.65% | 4 |
| 2010 | $0.44 | — | 3.20% | 5 |
| 2009 | $0.23 | +5.4% | 2.07% | 4 |
| 2008 | $0.22 | −52.4% | 2.21% | 4 |
| 2007 | $0.46 | — | 3.88% | 5 |
| 2006 | $0.18 | — | 1.70% | 4 |
BF-A dividend history
173 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-09-03 | 2026-10-01 | $0.231 | — | Quarterly |
| 2026-06-10 | 2026-07-01 | $0.231 | — | Quarterly |
| 2026-03-09 | 2026-04-01 | $0.231 | — | Quarterly |
| 2025-12-05 | 2026-01-02 | $0.231 | +1.8% | Quarterly |
| 2025-09-03 | 2025-10-01 | $0.227 | — | Quarterly |
| 2025-06-09 | 2025-07-01 | $0.227 | — | Quarterly |
| 2025-03-07 | 2025-04-01 | $0.227 | — | Quarterly |
| 2024-12-06 | 2025-01-02 | $0.227 | +4.1% | Quarterly |
| 2024-09-03 | 2024-10-01 | $0.218 | — | Quarterly |
| 2024-06-07 | 2024-07-01 | $0.218 | — | Quarterly |
| 2024-03-07 | 2024-04-01 | $0.218 | — | Quarterly |
| 2023-11-30 | 2024-01-02 | $0.218 | +5.8% | Quarterly |
| 2023-09-01 | 2023-10-02 | $0.206 | — | Quarterly |
| 2023-06-07 | 2023-07-03 | $0.206 | — | Quarterly |
| 2023-03-07 | 2023-04-03 | $0.206 | — | Quarterly |
| 2022-12-01 | 2023-01-03 | $0.206 | +9.0% | Quarterly |
Show all 173 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-09-02 | 2022-10-03 | $0.189 | — | Quarterly |
| 2022-06-07 | 2022-07-01 | $0.189 | — | Quarterly |
| 2022-03-07 | 2022-04-01 | $0.189 | −81.1% | Quarterly |
| 2021-12-08 | 2021-12-29 | $1.00 | +429.1% | |
| 2021-12-02 | 2021-12-28 | $0.189 | +5.0% | Quarterly |
| 2021-09-02 | 2021-10-01 | $0.18 | — | Quarterly |
| 2021-06-07 | 2021-07-01 | $0.18 | — | Quarterly |
| 2021-03-05 | 2021-04-01 | $0.18 | — | Quarterly |
| 2020-12-03 | 2021-01-04 | $0.18 | +3.4% | Quarterly |
| 2020-09-03 | 2020-10-01 | $0.174 | — | Quarterly |
| 2020-06-05 | 2020-07-01 | $0.174 | — | Quarterly |
| 2020-03-06 | 2020-04-01 | $0.174 | — | Quarterly |
| 2019-12-04 | 2020-01-02 | $0.174 | +4.8% | Quarterly |
| 2019-09-05 | 2019-10-01 | $0.166 | — | Quarterly |
| 2019-06-05 | 2019-07-01 | $0.166 | — | Quarterly |
| 2019-03-01 | 2019-04-01 | $0.166 | — | Quarterly |
| 2018-12-06 | 2019-01-02 | $0.166 | +5.1% | Quarterly |
| 2018-09-05 | 2018-10-01 | $0.158 | — | Quarterly |
| 2018-06-05 | 2018-07-03 | $0.158 | −84.2% | Quarterly |
| 2018-03-29 | 2018-04-23 | $1.00 | +532.9% | |
| 2018-03-02 | 2018-04-02 | $0.158 | +33.6% | Quarterly |
| 2017-12-06 | 2018-01-02 | $0.1183 | +8.2% | Quarterly |
| 2017-09-06 | 2017-10-02 | $0.1093 | — | Quarterly |
| 2017-06-01 | 2017-07-03 | $0.1093 | — | Quarterly |
| 2017-03-02 | 2017-04-03 | $0.1093 | — | Quarterly |
| 2016-11-30 | 2017-01-03 | $0.1093 | +7.6% | Quarterly |
| 2016-08-30 | 2016-10-03 | $0.1016 | — | Quarterly |
| 2016-06-02 | 2016-07-01 | $0.1016 | — | Quarterly |
| 2016-03-07 | 2016-04-01 | $0.1016 | — | Quarterly |
| 2015-12-01 | 2015-12-30 | $0.1016 | +7.9% | Quarterly |
| 2015-09-03 | 2015-10-01 | $0.0941 | — | Quarterly |
| 2015-06-01 | 2015-07-01 | $0.0941 | — | Quarterly |
| 2015-03-06 | 2015-04-01 | $0.0941 | — | Quarterly |
| 2014-12-02 | 2014-12-30 | $0.0941 | +8.6% | Quarterly |
| 2014-09-04 | 2014-10-01 | $0.0866 | — | Quarterly |
| 2014-06-02 | 2014-07-01 | $0.0866 | — | Quarterly |
| 2014-03-05 | 2014-04-01 | $0.0866 | — | Quarterly |
| 2013-12-02 | 2013-12-27 | $0.0866 | +13.7% | Quarterly |
| 2013-09-03 | 2013-10-01 | $0.0762 | — | Quarterly |
| 2013-06-03 | 2013-07-01 | $0.0762 | — | Quarterly |
| 2013-03-06 | 2013-04-01 | $0.0762 | −93.6% | Quarterly |
| 2012-12-10 | 2012-12-27 | $1.19 | +1,468.5% | |
| 2012-12-03 | 2012-12-26 | $0.0762 | +9.5% | Quarterly |
| 2012-09-05 | 2012-10-01 | $0.0696 | −0.1% | Quarterly |
| 2012-06-04 | 2012-07-02 | $0.0697 | — | Quarterly |
| 2012-03-01 | 2012-04-02 | $0.0697 | — | Quarterly |
| 2011-12-02 | 2011-12-27 | $0.0697 | +9.4% | Quarterly |
| 2011-09-01 | 2011-10-03 | $0.0637 | — | Quarterly |
| 2011-06-06 | 2011-07-01 | $0.0637 | — | Quarterly |
| 2011-03-07 | 2011-04-01 | $0.0637 | −68.0% | Quarterly |
| 2010-12-08 | 2010-12-28 | $0.1991 | +212.5% | |
| 2010-12-03 | 2010-12-27 | $0.0637 | +6.7% | Quarterly |
| 2010-09-02 | 2010-10-01 | $0.0597 | — | Quarterly |
| 2010-06-03 | 2010-07-01 | $0.0597 | — | Quarterly |
| 2010-03-04 | 2010-04-01 | $0.0597 | — | Quarterly |
| 2009-12-03 | 2010-01-04 | $0.0597 | +4.2% | Quarterly |
| 2009-09-03 | 2009-10-01 | $0.0574 | — | Quarterly |
| 2009-06-04 | 2009-07-01 | $0.0574 | — | Quarterly |
| 2009-03-04 | 2009-04-01 | $0.0574 | — | Quarterly |
| 2008-12-04 | 2009-01-02 | $0.0574 | +5.9% | Quarterly |
| 2008-09-04 | 2008-10-01 | $0.0542 | — | Quarterly |
| 2008-06-02 | 2008-07-01 | $0.0542 | — | Quarterly |
| 2008-03-03 | 2008-04-01 | $0.0542 | — | Quarterly |
| 2007-12-03 | 2008-01-01 | $0.0542 | +12.2% | Quarterly |
| 2007-08-30 | 2007-10-01 | $0.0483 | — | Quarterly |
| 2007-06-04 | 2007-07-01 | $0.0483 | −81.7% | Quarterly |
| 2007-04-09 | 2007-05-10 | $0.2634 | +445.5% | |
| 2007-03-02 | 2007-04-01 | $0.0483 | — | Quarterly |
| 2006-11-30 | 2007-01-01 | $0.0483 | +8.2% | Quarterly |
| 2006-09-05 | 2006-10-01 | $0.0446 | — | Quarterly |
| 2006-06-05 | 2006-07-01 | $0.0446 | — | Quarterly |
| 2006-03-06 | 2006-04-01 | $0.0446 | — | Quarterly |
| 2005-12-01 | 2006-01-01 | $0.0446 | +14.3% | Quarterly |
| 2005-09-06 | 2005-10-01 | $0.039 | — | Quarterly |
| 2005-06-02 | 2005-07-01 | $0.039 | — | Quarterly |
| 2005-03-08 | 2005-04-01 | $0.039 | — | Quarterly |
| 2004-12-02 | 2005-01-01 | $0.039 | +15.0% | Quarterly |
| 2004-09-02 | 2004-10-01 | $0.0339 | — | Quarterly |
| 2004-06-03 | 2004-07-01 | $0.0339 | — | Quarterly |
| 2004-03-04 | 2004-04-01 | $0.0339 | +0.2% | |
| 2003-12-03 | 2004-01-02 | $0.0339 | +13.4% | Quarterly |
| 2003-08-29 | 2003-10-01 | $0.0299 | — | Quarterly |
| 2003-06-05 | 2003-07-01 | $0.0299 | — | Quarterly |
| 2003-02-28 | 2003-04-01 | $0.0299 | — | Quarterly |
| 2002-12-04 | 2003-01-01 | $0.0299 | +7.1% | Quarterly |
| 2002-08-30 | 2002-10-01 | $0.0279 | — | Quarterly |
| 2002-06-04 | 2002-07-01 | $0.0279 | — | Quarterly |
| 2002-03-01 | 2002-04-01 | $0.0279 | — | Quarterly |
| 2001-12-03 | 2002-01-01 | $0.0279 | +6.0% | Quarterly |
| 2001-08-29 | 2001-10-01 | $0.0263 | — | Quarterly |
| 2001-06-05 | 2001-07-01 | $0.0263 | — | Quarterly |
| 2001-03-06 | 2001-04-01 | $0.0263 | — | Quarterly |
| 2000-12-04 | 2001-01-01 | $0.0263 | +6.4% | Quarterly |
| 2000-09-01 | 2000-10-01 | $0.0247 | — | Quarterly |
| 2000-06-07 | 2000-07-01 | $0.0247 | — | Quarterly |
| 2000-03-08 | 2000-04-01 | $0.0247 | — | Quarterly |
| 1999-12-01 | 2000-01-01 | $0.0247 | +5.1% | Quarterly |
| 1999-09-02 | 1999-10-01 | $0.0235 | — | Quarterly |
| 1999-06-03 | 1999-07-01 | $0.0235 | — | Quarterly |
| 1999-03-05 | 1999-04-01 | $0.0235 | — | Quarterly |
| 1998-12-02 | 1999-01-01 | $0.0235 | +5.3% | Quarterly |
| 1998-08-31 | 1998-10-01 | $0.0223 | — | Quarterly |
| 1998-06-09 | 1998-07-01 | $0.0223 | — | Quarterly |
| 1998-03-02 | 1998-04-01 | $0.0223 | — | Quarterly |
| 1997-12-03 | 1998-01-01 | $0.0223 | +3.7% | Quarterly |
| 1997-08-29 | 1997-10-01 | $0.0215 | — | Quarterly |
| 1997-06-04 | 1997-07-01 | $0.0215 | — | Quarterly |
| 1997-03-03 | 1997-04-01 | $0.0215 | — | Quarterly |
| 1996-12-05 | 1997-01-01 | $0.0215 | +3.9% | Quarterly |
| 1996-08-30 | 1996-10-01 | $0.0207 | — | Quarterly |
| 1996-06-06 | 1996-07-01 | $0.0207 | — | Quarterly |
| 1996-03-05 | 1996-04-01 | $0.0207 | — | Quarterly |
| 1995-11-30 | 1996-01-01 | $0.0207 | +4.8% | Quarterly |
| 1995-08-31 | 1995-10-01 | $0.0198 | — | Quarterly |
| 1995-06-06 | 1995-07-01 | $0.0198 | — | Quarterly |
| 1995-03-03 | 1995-04-01 | $0.0198 | — | Quarterly |
| 1994-11-28 | 1995-01-01 | $0.0198 | +4.2% | Quarterly |
| 1994-08-30 | 1994-10-01 | $0.019 | — | Quarterly |
| 1994-06-08 | 1994-07-01 | $0.019 | +0.6% | Quarterly |
| 1994-03-04 | 1994-04-01 | $0.0188 | — | Quarterly |
| 1993-11-30 | 1994-01-01 | $0.0188 | +4.4% | Quarterly |
| 1993-08-30 | 1993-10-01 | $0.0181 | — | Quarterly |
| 1993-06-07 | 1993-07-01 | $0.0181 | — | Quarterly |
| 1993-03-05 | 1993-04-01 | $0.0181 | — | Quarterly |
| 1992-11-30 | 1993-01-01 | $0.0181 | +11.5% | Quarterly |
| 1992-08-31 | 1992-10-01 | $0.0162 | — | Quarterly |
| 1992-06-05 | 1992-07-01 | $0.0162 | — | Quarterly |
| 1992-03-06 | 1992-04-01 | $0.0162 | — | Quarterly |
| 1991-12-02 | 1992-01-01 | $0.0162 | +8.9% | Quarterly |
| 1991-08-27 | 1991-10-01 | $0.0149 | — | Quarterly |
| 1991-06-04 | 1991-07-01 | $0.0149 | — | Quarterly |
| 1991-03-07 | 1991-04-01 | $0.0149 | — | Quarterly |
| 1990-12-07 | 1991-01-01 | $0.0149 | +7.7% | Quarterly |
| 1990-08-28 | 1990-10-01 | $0.0138 | — | Quarterly |
| 1990-06-05 | 1990-07-01 | $0.0138 | — | Quarterly |
| 1990-03-02 | 1990-04-01 | $0.0138 | — | Quarterly |
| 1989-12-04 | 1990-01-01 | $0.0138 | −90.1% | Quarterly |
| 1989-08-29 | 1989-10-01 | $0.14 | +1,155.6% | Quarterly |
| 1989-06-05 | 1989-07-01 | $0.0112 | — | Quarterly |
| 1989-03-03 | — | $0.0112 | +23.5% | |
| 1988-11-28 | — | $0.009 | — | |
| 1988-08-30 | — | $0.009 | — | |
| 1988-06-01 | — | $0.009 | — | |
| 1988-03-07 | — | $0.009 | — | |
| 1987-11-30 | — | $0.009 | +204.0% | |
| 1987-08-31 | — | $0.003 | −96.8% | |
| 1987-06-01 | — | $0.0932 | — | |
| 1987-03-09 | — | $0.0932 | +35.1% | |
| 1986-12-01 | — | $0.069 | — | |
| 1986-08-29 | — | $0.069 | — | |
| 1986-06-02 | — | $0.069 | +24.1% | |
| 1986-03-05 | — | $0.0556 | — | |
| 1985-12-02 | — | $0.0556 | — | |
| 1985-08-30 | — | $0.0556 | — | |
| 1985-06-03 | — | $0.0556 | +13.5% | |
| 1985-03-06 | — | $0.049 | — | |
| 1984-12-05 | — | $0.049 | — |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
BF-A stock split history
- 5:4March 1, 2018
- 1339:1000February 7, 2018
- 2:1August 19, 2016
- 3:2August 13, 2012
- 5:4October 28, 2008
- 2:1January 21, 2004
- 3:1May 31, 1994
- 3:2April 2, 1987
- 2:1July 17, 1981
BF-A dividend overview
Brown-Forman pays an annual dividend of $0.92 per share, a yield of 3.12% at the latest close, paid quarterly. It paid $0.91 per share in 2025, up 3.5% from 2024. It has raised its dividend for 3 consecutive years. Over five years the dividend grew 5.4% a year on average and over ten years 9.0% a year. The payout ratio is 59.6% of trailing earnings.
Related: BF-A cash flow statement, BF-A key metrics, BF-A chart. See the BF-A stock overview for the latest quote and news.
BF-A dividends FAQ
Does Brown-Forman pay a dividend?
Yes. Brown-Forman has paid a regular dividend since 1984, quarterly, most recently $0.23 per share with an ex-dividend date of September 3, 2026.
What is Brown-Forman's dividend yield?
Brown-Forman's forward annual dividend is $0.92 per share, a dividend yield of 3.12% at the latest close of $29.46.
How often does Brown-Forman pay dividends?
Brown-Forman pays dividends quarterly.
How fast is Brown-Forman's dividend growing?
Brown-Forman's dividend per share grew from $0.70 in 2020 to $0.91 in 2025, 5.4% a year on average over five years; it has increased for 3 years in a row.
What is Brown-Forman's dividend payout ratio?
Brown-Forman pays out 59.6% of its trailing earnings as dividends and 47.8% of its free cash flow (fiscal 2026).
Has Brown-Forman split its stock?
Brown-Forman has split its stock 9 times: 5:4 on March 1, 2018, 1339:1000 on February 7, 2018, 2:1 on August 19, 2016, 3:2 on August 13, 2012, 5:4 on October 28, 2008, 2:1 on January 21, 2004, 3:1 on May 31, 1994, 3:2 on April 2, 1987, 2:1 on July 17, 1981. Dividends per share on this page are adjusted for splits.