Dividend Aristocrats In Focus Part 49: Brown-Forman

Nov. 27, 2016 10:44 AM ET
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Brown-Forman (BF-B) may not be a household name. But there is a good chance many households have consumed one of the company's products.

Its most famous brand is its flagship Jack Daniels whiskey. Other popular brands include Herradura and El Jimador tequila and Finlandia vodka.

Brown-Forman has a rich company history. In fact, this year marks the 150th year of the Jack Daniel Distillery.

Jack Daniel's Tennessee Whiskey got its start all the way back in 1865, when Jack Daniel purchased Cave Spring Hollow. The following year, he registered the Jack Daniel Distillery, which stands today as America's oldest registered distillery.

Brown-Forman is a Dividend Aristocrat. It has increased its dividend for 33 years in a row, including a very recent 7.4% hike. The company has paid dividends for 71 years in a row.

You can see the entire list of Dividend Aristocrats here.

This article will detail the investment prospects for Brown-Forman stock moving forward.

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