Brunswick Corporation (NYSE:BC) to Issue $0.44 Quarterly Dividend

Brunswick Corporation (NYSE:BCGet Free Report) declared a quarterly dividend on Tuesday, May 5th. Investors 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 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%per year over the last three years and has increased its dividend annually for the last 13 consecutive years. Brunswick has a payout ratio of 43.6% meaning its dividend is sufficiently covered by earnings. Equities 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 Price Performance

NYSE:BC opened at $78.49 on Wednesday. The business’s 50-day moving average price is $76.02 and its 200 day moving average price is $75.71. 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 52-week low of $45.44 and a 52-week high of $90.25. The company has a quick ratio of 0.62, a current ratio of 1.38 and a debt-to-equity ratio of 1.13.

Brunswick (NYSE:BCGet Free Report) last released its earnings results on Thursday, April 30th. The company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.24. Brunswick had a positive return on equity of 13.30% and a negative net margin of 2.47%.The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same period in the previous year, the company earned $0.56 earnings per share. Brunswick’s revenue was up 12.8% compared to the same quarter last year. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. As a group, sell-side analysts predict that Brunswick will post 4.24 earnings per share for the current fiscal year.

About Brunswick

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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.

Further Reading

Dividend History for Brunswick (NYSE:BC)

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