Great news from BF-b, Brown-Forman to pay year end Special dividend of $4.00 per share. Payable 12/27 to record holders of 12/12/12.
One of the best stocks to buy and hold. Few other companies are as generous with their stockholders. Thank you to the management ,who, In this age of greed and self-dealing, saw it fit to share its success with its stockholders.
Well put JPMAX. I have been accumulating BFB for about 12 years so this is welcome news on the dividend. I have 6 trees that need to be cut down after Hurricane Sandy so this will help defray that cost. Varga and company are doing great work so I will be here for many more years. And I will help deplete the inventory of Jack this holiday season. Go BFB....Go UMass!
I inherited 15 shares from my mother -in-law in 1978. Have been ploughing dividends thru DRIP program ever since. After all the splits (re-invested) and special div. (re-invested) I have quite a load of this stock. I can assure you that the nominal dividend payout rate (2%?) listed in Yahoo finance is not the real percentage return. It is more like a 10% return when splits and specials are included.
Looks like this could be a stock I might be interested in, is this a good time to buy in or do ya`ll think it could possibly split for a better entry point, have not done any homework on this as of yet?Rooooooooll Tide-----Roll!