Does Brown-Forman pay a dividend?
Yes, BRP (Bombardier Recreational Products) is a global leader in the marine industry, and it produces a wide range of outboard engines through its Evinrude brand. While BRP made the strategic decision to discontinue the production of its Evinrude E-TEC and E-TEC G2 outboard engines in 2020 to refocus its marine strategy toward new technologies and hull-propulsion integration, the company remains heavily invested in the marine market. Today, BRP continues to manufacture and innovate within the boating sector through its ownership of boat brands such as Alumacraft, Manitou, and Quintrex. They are also actively developing new, integrated marine propulsion systems, such as their Rotax S engine with stealth technology. While you may no longer see new Evinrude outboards coming off the assembly line, BRP continues to provide support for its legacy outboard customers while pushing the boundaries of marine technology with modern boat-propulsion packages.
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Brown-Forman Corporation actually issues two distinct classes of common stock rather than just a single option, trading on the New York Stock Exchange under the ticker symbols BF.A (Class A voting shares) and BF.B (Class B non-voting shares).
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Brown-Forman is not for sale, nor is it actively seeking a corporate acquisition or buyout.
Yes, Brown-Forman implemented a significant global restructuring initiative that included a workforce reduction affecting approximately 12 percent of its total worldwide personnel.
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