The Brown-Forman Corporation is undergoing a series of corporate actions ranging from a fraud investigation by the Schall Law Firm to earnings announcements and strategic growth initiatives. The company's dividend remains unchanged at $0.2265 for both Class A and Class B shares, payable on July 1st. However, the Corporation experienced a decline in Q4, causing some concern among investors. Brown-Forman is among Benjamin Graham’s recommended stocks for defensive investors and has extended its credit agreement to 2029.
An array of corporate actions reflects the company's strategic transitions including launching distribution businesses in Italy and Slovakia, making changes in board and leadership, and acquiring the Diplomático Rum brand. Additionally, Brown-Forman participates in several high-profile conferences including the UBS Global Consumer and Retail Conference, and continues to see opportunities in the face of the imposition of European tariffs on whiskey.
Despite the fluctuations and challenges, the company concludes a series of successful operations such as selling the Sonoma-Cutrer vineyards and increasing cash dividend for the 37th consecutive year.
Brown-Forman Corporation Class B BF B News Analytics from Fri, 14 Feb 2014 08:00:00 GMT to Sat, 07 Jun 2025 19:32:00 GMT - Rating -3 - Innovation 2 - Information 8 - Rumor 4
