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

Key Points

• Brunswick declared a $0.44 quarterly dividend payable June 15 to holders of record May 18, equivalent to a $1.76 annual dividend and an approximate 2.2% yield.
• The company has raised its dividend for 13 consecutive years with a current payout ratio of 43.6%, suggesting the dividend is covered by earnings.
• Brunswick beat quarterly expectations with $0.70 EPS vs. $0.46 est. and revenue of $1.38 billion (up 12.8% year-over-year), and provided FY2026 guidance of $4.00–4.50 EPS while sell-side consensus for the current year is about $4.24.

Brunswick Corporation (NYSE:BC - Get 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:BC - Get 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

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.

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