Brunswick Corporation (NYSE:BC) Plans Quarterly Dividend of $0.44

Brunswick Corporation (NYSE:BC) declared a quarterly dividend on Tuesday, May 5th. Shareholders of record on Monday, May 18th will be given a dividend of 0.44 per share on Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, May 18th.

Brunswick has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 13 consecutive years. Brunswick has a payout ratio of 43.6% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Brunswick to earn $5.38 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 32.7%.

Brunswick Stock Performance

BC opened at $78.49 on Wednesday. The firm has a market cap of $5.11 billion, a P/E ratio of -37.38 and a beta of 1.33. Brunswick has a 1-year low of $45.44 and a 1-year high of $90.25. The company has a 50 day simple moving average of $76.02 and a two-hundred day simple moving average of $75.71. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.38 and a quick ratio of 0.62.

Brunswick (NYSE:BC) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.24. The business had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.32 billion. Brunswick had a negative net margin of 2.47% and a positive return on equity of 13.30%. The company’s revenue was up 12.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.56 earnings per share. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. Equities analysts forecast that Brunswick will post 4.24 earnings per share for the current fiscal year.

About Brunswick

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.