Brunswick Corporation (BC) to Issue Quarterly Dividend of $0.44 on June 15th

Brunswick Corporation (NYSE:BC) announced a quarterly dividend on Tuesday, May 5th. Shareholders of record on Monday, May 18th will be paid a dividend of 0.44 per share on Monday, June 15th. This represents a c) annualized dividend and a yield of 2.3%. The ex-dividend date is Monday, May 18th.

Brunswick has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 13 years. Brunswick has a payout ratio of 43.6% meaning 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

Shares of BC stock opened at $77.49 on Friday. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.62 and a current ratio of 1.38. Brunswick has a fifty-two week low of $48.83 and a fifty-two week high of $90.25. The stock has a 50 day moving average price of $75.80 and a two-hundred day moving average price of $76.39. The company has a market capitalization of $5.03 billion, a P/E ratio of -36.90 and a beta of 1.33.

Brunswick (NYSE:BC) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.70 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the previous year, the company posted $0.56 earnings per share. The business’s revenue was up 12.8% on a year-over-year basis. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. Analysts expect that Brunswick will post 4.25 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have weighed in on BC shares. Citigroup boosted their price objective on Brunswick from $100.00 to $101.00 and gave the company a “buy” rating in a research report on Monday, February 2nd. Griffin Securities set a $76.00 price objective on Brunswick in a research report on Monday, February 2nd. Wall Street Zen downgraded Brunswick from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Brunswick in a research report on Friday, March 27th. Finally, Robert W. Baird set a $85.00 price objective on Brunswick in a research report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Brunswick presently has a consensus rating of “Hold” and an average price target of $86.71.

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.