The American sports equipment manufacturer Brunswick Corp. (ISIN: US1170431092, NYSE: BC) will pay a quarterly dividend of $0.40 per share to its investors, the company announced on Thursday.
This is a 9.6 percent increase from the previous quarter ($0.365), the 11th consecutive annual dividend increase. Extrapolated for the year, 1.60 US dollars are paid out.
At the current stock price of $88.45 (as of February 16, 2023), this equates to a current dividend yield of 1.99 percent. The next payment will be made on March 15, 2023 (Record date: February 27, 2023).
Brunswick is known for bowling balls and billiard equipment as well as fitness equipment and marine engines. The company also operates bowling centers and specialty fitness shops. Around 18,500 people are employed. For the fourth quarter ended December 31, fiscal 2022, the company had revenue of $1.58 billion (prior year: $1.43 billion) as reported on February 2, 2023. The profit was 140.3 million US dollars (previous year: 102 million US dollars).
The stock is up 22.71 percent on Wall Street since the beginning of 2023 (as of February 16, 2023). The market capitalization is currently 6.47 billion US dollars.
Editorial team MyDividends.de
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