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

Brunswick Corporation (NYSE:BC) announced a quarterly dividend on Monday, October 19th. Investors of record on Tuesday, November 24th will be given a dividend of $0.44 per share on Tuesday, December 15th. This represents a $1.76 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Tuesday, November 24th.

Brunswick has raised its dividend by an average of 0.1% per year 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% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Brunswick to earn $5.49 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 1.2%

NYSE BC opened at $64.60 on Tuesday. Brunswick has a 12 month low of $59.06 and a 12 month high of $90.25. The stock has a 50-day simple moving average of $71.07 and a 200 day simple moving average of $76.93. The company has a current ratio of 1.45, a quick ratio of 0.65 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $4.19 billion, a PE ratio of -49.04 and a beta of 1.38.

Brunswick (NYSE:BC) last issued its earnings results on Thursday, July 30th. The company reported $1.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.37. The firm had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.52 billion. Brunswick had a positive return on equity of 15.28% and a negative net margin of 1.53%. The company’s revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.90 earnings per share. Brunswick has set its Q3 2026 guidance at 1.200-1.400 EPS and its FY 2026 guidance at 4.350-4.750 EPS. Research analysts forecast that Brunswick will post 4.55 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of BC. Summit Securities Group LLC acquired a new position in Brunswick in the 1st quarter worth $27,000. Millstone Evans Group LLC bought a new stake in shares of Brunswick during the 1st quarter worth approximately $29,000. CoreCap Advisors LLC lifted its stake in Brunswick by 162.7% in the third quarter. CoreCap Advisors LLC now owns 528 shares of the company’s stock valued at $34,000 after acquiring an additional 327 shares during the last quarter. IFP Advisors Inc grew its holdings in Brunswick by 78.7% during the third quarter. IFP Advisors Inc now owns 697 shares of the company’s stock worth $45,000 after purchasing an additional 307 shares during the period. Finally, Quantbot Technologies LP acquired a new position in shares of Brunswick during the 2nd quarter worth approximately $47,000. Institutional investors own 99.34% of the company’s stock.

Brunswick Company Profile

Brunswick Corporation (NYSE:BC) is a marine recreation company that designs, manufactures and distributes products used in boating and related recreational activities. Its portfolio includes marine propulsion systems, boats, engines, electronics, boat control systems and other components, as well as parts and accessories.

The company’s marine businesses include Mercury Marine, which produces outboard, sterndrive and inboard engines, and a range of boat brands such as Boston Whaler, Sea Ray, Bayliner, Lund, Harris and Princecraft.