Brown-Forman Declares Quarterly Cash Dividend (January 2004)
Louisville, KY, January 22, 2004 — A regular quarterly cash dividend of 21.25 cents per share on Class A and Class B Common Stock was voted by the Board of Directors of Brown-Forman Corporation. The dividend per share amount reflects the company’s two-for-one stock split, which became effective on January 12, 2004. The dividend on an annualized basis is now 85 cents per common share.
Stockholders of record on March 8, 2004 will receive the cash dividend on April 1, 2004.
Brown-Forman has paid regular quarterly cash dividends for 58 consecutive years.