BF-A Brown Forman Corporation

Exchange

NYSE

Sector

Industry

Market Cap.

15.689B

Very Strong Dividend History over the past 10 years

BF-A has consistently distributed a dividend for at least the past 10 years. Such a long dividend history suggests BF-A is very established in its market and that its dividend distribution is likely to continue for a significant period of time.

Figures in USD. Fiscal year ends in April

	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012
Dividend Paid	99.00M	97.00M	111.00M	128.00M	143.00M	362.00M	169.00M	174.00M	326.00M	192.00M
divided by
Shares Outstanding	168.73M	152.50M	153.13M	154.25M	155.25M	154.50M	151.50M	148.60M	146.51M	144.06M
Dividend Paid Per Share	0.59	0.64	0.72	0.83	0.92	2.34	1.12	1.17	2.23	1.33
Price at Year End	25.73	36.17	50.55	48.77	55.08	46.96	54.20	68.15	79.27	61.50
Dividend Yield	2.28%	1.76%	1.43%	1.70%	1.67%	4.99%	2.06%	1.72%	2.81%	2.17%

Strong History of Stock Buybacks over the past 10 years

BF-A has a strong history of delivering increased value for shareholders in the form of stock buybacks. These have helped improve financial metrics and increase each shareholders' relative ownership stake in the company, due to fewer shares outstanding and holding the same number of shares.

Figures in USD. Fiscal year ends in April

	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012
Shares Outstanding	168.73M	152.50M	153.13M	154.25M	155.25M	154.50M	151.50M	148.60M	146.51M	144.06M
Stock Bought Back	-	10.64%	-0.41%	-0.73%	-0.64%	0.49%	1.98%	1.95%	1.42%	1.71%