Brunswick Corporation (NYSE:BC – Get Free Report) announced a quarterly dividend on Wednesday, July 22nd. Shareholders of record on Thursday, August 20th will be given a dividend of 0.44 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Thursday, August 20th.
Brunswick has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 13 years. Brunswick has a dividend payout ratio of 43.6% meaning its dividend is sufficiently covered by earnings. Research analysts expect Brunswick to earn $5.49 per share next year, which means the company should continue to be able to cover its $1.76 annual dividend with an expected future payout ratio of 32.1%.
Brunswick Trading Down 0.4%
Shares of Brunswick stock opened at $82.33 on Tuesday. Brunswick has a 52-week low of $58.56 and a 52-week high of $90.25. The firm has a market capitalization of $5.33 billion, a PE ratio of -62.85 and a beta of 1.33. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.45 and a quick ratio of 0.65. The company’s fifty day moving average price is $81.08 and its two-hundred day moving average price is $79.81.
Brunswick Company Profile
Founded in 1845 by John Moses Brunswick, Brunswick Corporation is a global leader in recreation products. Headquartered in Mettawa, Illinois, the company has evolved from its origins as a billiard table manufacturer into a diversified supplier of leisure equipment, serving both consumer and commercial markets around the world.
Brunswick operates through two primary segments: Marine and Bowling & Billiards. In its Marine segment, the company designs, manufactures and distributes recreational boats, outboard engines and aftermarket parts under recognized brands such as Sea Ray, Bayliner and Mercury Marine.
Recommended Stories
- Five stocks we like better than Brunswick
- Commodities Are Booming, But These 3 ETFs Tell Different Stories
- 3 Active ETFs Making Big Moves in August
- This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem
- Birkenstock Beats the Skeptics—But Not on EPS
Receive News & Ratings for Brunswick Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brunswick and related companies with MarketBeat.com's FREE daily email newsletter.
