Brown-Forman (MEX:BFB) Dividend Payout Ratio: 0.68 (As of Apr. 2026) — 58% Above Median


MEX:BFB Brown-Forman Corp MEX:BFB
65 GF Score
Price MXN455.44
GF Value MXN697.44
! 2 Warning Signs
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What is Brown-Forman Dividend Payout Ratio?

Brown-Forman MEX:BFB 65 Dividend Payout Ratio is 0.68 as of Apr. 2026, which is 58% above its 10-year median of 0.43. GuruFocus rates MEX:BFB with a GF Score™ of 65/100 and a GF Value™ of MXN697.44. The stock has 2 warning signs investors should review. Among 118 Beverages - Alcoholic companies, Brown-Forman ranks better than 50.85% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Brown-Forman's Dividend Payout Ratio for the months ended in Apr. 2026 was 0.68.

The historical rank and industry rank for Brown-Forman's Dividend Payout Ratio or its related term are showing as below:

MEX:BFB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.43   Max: 0.51
Current: 0.51

During the past 13 years, the highest Dividend Payout Ratio of Brown-Forman was 0.51. The lowest was 0.38. And the median was 0.43.

MEX:BFB's Dividend Payout Ratio is ranked better than
50.85% of 118 companies
in the Beverages - Alcoholic industry
Industry Median: 0.51 vs MEX:BFB: 0.51

As of today (2026-07-04), the Dividend Yield % of Brown-Forman is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Brown-Forman was 4.00%. The lowest was 0.86%. And the median was 1.23%.

Brown-Forman's Dividends per Share for the months ended in Apr. 2026 was MXN4.05.

During the past 12 months, Brown-Forman's average Dividends Per Share Growth Rate was 2.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Brown-Forman was 27.90% per year. The lowest was 4.30% per year. And the median was 7.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Brown-Forman (MEX:BFB) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Brown-Forman Dividend Payout Ratio Related Terms

Brown-Forman Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Brown-Forman's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Brown-Forman Dividend Payout Ratio Chart

Brown-Forman Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.51

Brown-Forman Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.60 0.48 0.40 0.68

MEX:BFB vs MGPI, SNDL, AGCC: Dividend Payout Ratio Comparison

For the Beverages - Wineries & Distilleries subindustry, Brown-Forman's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Brown-Forman Dividend Payout Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Brown-Forman's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Brown-Forman's Dividend Payout Ratio falls into.


MEX:BFB
65GF Score
Brown-Forman Corp MEX:BFB
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brown-Forman Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Brown-Forman's Dividend Payout Ratio for the fiscal year that ended in Apr. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Apr. 2026 )/ EPS without NRI (A: Apr. 2026 )
=16.027/ 31.378
=0.51

Brown-Forman's Dividend Payout Ratio for the quarter that ended in Apr. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Apr. 2026 )/ EPS without NRI (Q: Apr. 2026 )
=4.046/ 5.924
=0.68

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.68 mean?
Brown-Forman (MEX:BFB) has a Dividend Payout Ratio of 0.68 as of Apr. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Brown-Forman and its competitors. This is 58% above median its historical median of 0.43. Over the past decade, Brown-Forman's Dividend Payout Ratio has ranged from 0.38 to 0.51. According to the industry distribution chart, Brown-Forman ranks #58 out of 118 companies in the Beverages - Alcoholic industry, placing it in the top 49.2%.
Is Brown-Forman's Dividend Payout Ratio too high?
Brown-Forman's current Dividend Payout Ratio of 0.68 is 58% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 0.51. The Beverages - Alcoholic industry median Dividend Payout Ratio is 0.51. Brown-Forman's value of 0.68 is 33.3% above this industry median. Based on the distribution chart, Brown-Forman ranks #58 out of 118 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Brown-Forman has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Brown-Forman's Dividend Payout Ratio compare to MGPI and SNDL?
According to the Beverages - Alcoholic industry distribution chart, Brown-Forman ranks #58 out of 118 companies for Dividend Payout Ratio. This puts Brown-Forman in the upper half of its industry. The industry median Dividend Payout Ratio is 0.51. Brown-Forman's value of 0.68 is 33.3% above this benchmark. Historically, Brown-Forman's own Dividend Payout Ratio has ranged from 0.38 to 0.51 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.51, Brown-Forman has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Beverages - Alcoholic company?
The median Dividend Payout Ratio among Beverages - Alcoholic companies is 0.51, based on 118 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Brown-Forman's current Dividend Payout Ratio of 0.68 is 33.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Brown-Forman and its competitors. For the Beverages - Alcoholic industry, the median Dividend Payout Ratio is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brown-Forman's current Dividend Payout Ratio is 0.68, which is 58% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brown-Forman stock overvalued right now?
Brown-Forman (MEX:BFB) has a current Dividend Payout Ratio of 0.68. The stock's GF Value™ is MXN697.44, compared to a current price of MXN455.44 — trading 34.7% below its estimated fair value. The current Dividend Payout Ratio is 0.68, which is 58% above median its 10-year median of 0.43 and 33.3% above the Beverages - Alcoholic industry median of 0.51. Brown-Forman's overall GF Score™ is 65/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Brown-Forman (MEX:BFB), the current Dividend Payout Ratio is 0.68 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Brown-Forman (MEX:BFB) Overvalued in 2026?

Based on GuruFocus' analysis, Brown-Forman stock appears to be undervalued. The current stock price of MXN455.44 is trading 34.7% below its estimated GF Value™ of MXN697.44.

Key valuation signals for MEX:BFB:

  • Dividend Payout Ratio: 0.68 (58% above median its 10-year median of 0.43)
  • GF Value™: MXN697.44 vs. price of MXN455.44 (34.7% below fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 33.3% above the Beverages - Alcoholic median (#58 of 118)

No single metric tells the full story. See the MEX:BFB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Brown-Forman Business Description

Address 850 Dixie Highway, Louisville, KY, USA, 40210
Brown-Forman is a US-based manufacturer of premium distilled spirits. It generates over 70% of its revenue in the whiskey category, under well-known Tennessee whiskey brand Jack Daniel's and bourbon brands Woodford Reserve and Old Forester. It also manufactures and distributes tequila, vodka, rum, gin, and premium wines. The company generated 44% of fiscal 2025 sales from the US, while the bulk of international revenue comes from Europe, Australia, and Latin America. The Brown family controls over 50% of the economic interests and 67% of the voting power in the company.
65GF Score

Get the complete analysis for MEX:BFB

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN455.44
Price
MXN697.44
GF Value