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

Brunswick Corporation (NYSE:BC) announced a quarterly dividend on Wednesday, July 22nd. Shareholders of record on Thursday, August 20th will be given a dividend of 0.44 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Thursday, August 20th.

Brunswick has raised 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% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Brunswick to earn $5.48 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 32.1%.

Brunswick Trading Up 1.7%

NYSE:BC opened at $81.95 on Thursday. The company has a market capitalization of $5.32 billion, a PE ratio of -39.02 and a beta of 1.33. 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 has a 52-week low of $55.60 and a 52-week high of $90.25. The stock has a fifty day simple moving average of $80.93 and a 200-day simple moving average of $80.39.

Brunswick (NYSE:BC) last posted its earnings results on Thursday, April 30th. The company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.24. The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.32 billion. Brunswick had a positive return on equity of 13.30% and a negative net margin of 2.47%.Brunswick’s revenue was up 12.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.56 EPS. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. On average, equities research analysts expect that Brunswick will post 4.31 earnings per share for the current fiscal year.

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.