Company profiles · Agriculture, Dairy & Beverage

Brown-Forman (BF.B): US–Canada Tariff Exposure, Government Contracts, and Risk

LOSERAVOID TIER
Last close · Oct 30$28.71 +5.1% since report
Report price · Aug 28, 2026 close$27.31
Market cap$12.53B
52-wk range22.61–31.92
Dividend · quarterly$0.924/yr 3.22% · next expected Jan 2027

Why it’s on the map

US whiskey de-listed by provincial boards; Canada sales -59% to -62% in FY26. Hit is already in the base; upside only if provinces restock.

Government money & contracts

None.

Customers & commercial

Global spirits.

Catalysts

Provincial restocking.

Risk

FY27 guide flat.

Tariff durability

Already realized loser.

Dividend · #9 of 47 payers by yield
3.22% yield
$0.924 a share a year · quarterly · pays Jan · Apr · Jul · Oct
All payers ranked →
Per payment$0.231a share, 4× a year
Next payoutexpected Jan 2027not yet declared
Last ex-dateSept 3, 2026own it before the ex-date to collect
Last paidOct 1, 2026$0.231 a share
Payout ratio59%of earnings · comfortable
Raised53 yrsconsecutive years of increases
Shares at the Oct 30 close of $28.7134.83
Each payment$8.05
Per year · 4 payments$32.18
Recent payments
Ex-datePaidPer share
Sept 3, 2026Oct 1, 2026$0.231
Jun 10, 2026Jul 1, 2026$0.231
Mar 9, 2026Apr 1, 2026$0.231
Dec 5, 2025Jan 2, 2026$0.231

Yield = $0.231 × 4 ÷ the Oct 30 close of $28.71. A dividend is a board decision, not a promise — it can be raised, cut or suspended any quarter. Dividend history source