Brown-Forman Corp’s (NYSE:BF) just released its fiscal fourth quarter 2026 results.

The spirits and wine giant reported fiscal fourth-quarter net sales of $912 million. That’s up 2% year-over-year on both a reported and organic basis. Operating income fell 53% to $96 million, while diluted earnings per share declined 62% to $0.12.

For fiscal 2026, net sales slipped 1% to $3.9 billion, though organic sales were flat. Operating income decreased 10% to $1.0 billion (-2% organically), and diluted earnings per share fell 17% to $1.53.

The company scheduled to pay its next quarterly cash dividend of 23 cents per share on July 1, 2026, to shareholders on record as of June 10.

The current Trailing Twelve Months dividend payout for Brown-Forman stands at 92 cents, with a dividend yield of is 3.71%. The company has a history of consistent dividend increases over the past 50 consecutive years.

So, how can investors exploit its dividend yield to pocket a regular $500 monthly?

To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $1,61,485 or around 6,522 shares. For a more modest $100 per month or $1,200 per year, you would need about $32,287 or around 1,304 shares.

To calculate: Divide the desired annual income ($6,000 or $1,200) by the dividend (92 cents in this case). So, $6,000 / $0.92 = 6,522 ($500 per month), and $1,200 / $0.92 = 1,304 ($100 per month).

Note: Dividend yields can change on a rolling basis, and the payment and the stock price both fluctuate over time.

How that works: The dividend yield is computed by dividing the annual dividend payment by the stock’s current price.

For example, if a stock pays an annual dividend of $2 and is currently priced at $50, the dividend yield would be 4% ($2/$50). However, if the stock price increases to $60, the dividend yield drops to 3.33% ($2/$60). Conversely, if the stock price falls to $40, the dividend yield rises to 5% ($2/$40).

Similarly, changes in the dividend payment can impact the yield. If a company increases its dividend, its yield will also increase, provided the stock price remains unchanged. Conversely, if the dividend payment decreases, so will the yield.

BF Price Action: Shares of Brown-Forman fell 0.72% to close at $24.76 on Wednesday.

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