Brown-Forman Corporation Class B (BF.B) has been experiencing a wave of recent activity. The company kept its dividend steady at $0.2265 per Class A and Class B share, marking the 41st consecutive year of dividend increases. Despite some setbacks for the alcohol sector affecting imports and packaging, Brown-Forman reported positive fiscal growth and reasserted its growth expectations for the year. Also, the company has been involved in various business moves, including extending its credit agreement to 2029, the launch of a distribution business in Italy, and the establishment of a distributor partnership with Reyes Beverage Group. The decisions changing its Board of Directors chair and announcing a series of strategic initiatives have also received attention. Lastly, Brown-Forman has completed the purchase of the Diplomático Rum brand, offering a new avenue for growth.
Brown-Forman Corporation Class B BF B News Analytics from Fri, 14 Feb 2014 08:00:00 GMT to Thu, 29 May 2025 16:03:00 GMT - Rating 7 - Innovation 5 - Information 9 - Rumor 6
