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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: Triffin who wrote (13152)11/25/2012 7:43:44 AM
From: Bocor3 Recommendations  Read Replies (1) | Respond to of 34328
 
I love how so many are spending this weekend fighting lines to buy crap, and this board is seeking bargains to enhance their income!



To: Triffin who wrote (13152)11/27/2012 8:32:10 AM
From: Triffin  Read Replies (1) | Respond to of 34328
 
BF-A/B declares "special" dividend of $4.00 per share ..

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Brown-Forman declares special cash dividend of $4.00 per share ( BF.B) 67.98 : Co's Board of Directors has declared a special cash dividend of $4.00 per share on its Class A and Class B Common Stock that will be paid on Dec 27, 2012 to stockholders of record on Dec 12, 2012. This special cash dividend is in addition to the 9.3% increase in the co's regular cash dividend announced by the co on Nov 15, 2012.

Brown-Forman Chief Executive Officer Paul Varga said, “We believe this special dividend is the best utilization of the company's strong balance sheet at this time. Along with our recently announced increase in the regular dividend, this return of cash to shareholders reinforces our belief in the health of our business and our commitment to deploy its strong cash generation in the most effective and efficient manner.”

Varga added, “The company chose to make this payment in calendar 2012 because of the uncertainty surrounding future dividend tax rates. Even after this special dividend, we retain ample capital capacity to make long-term investments in our business, such as the current expansion of the Jack Daniel Distillery and strategic acquisitions."

For more than 140 years, Brown-Forman Corporation has enriched the experience of life by responsibly building fine quality beverage alcohol brands, including Jack Daniel’s Tennessee Whiskey, Southern Comfort, Finlandia, Jack Daniel’s & Cola, Canadian Mist, Korbel, Gentleman Jack, el Jimador, Herradura, Sonoma-Cutrer, Chambord, New Mix, Tuaca, and Woodford Reserve. Brown-Forman’s brands are supported by nearly 4,000 employees and sold in approximately 160 countries worldwide. For more information about the Company, please visit http://www.brown-forman.com/.

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Triff ..