Brunswick Corporation Raises Quarterly Dividend by 20 Percent
LAKE FOREST, Ill., Oct. 20, 2015 (GLOBE NEWSWIRE) -- The board of directors of Brunswick Corporation (NYSE:BC) today declared a quarterly dividend on its common stock of $0.15 per share payable Dec.15, 2015, to shareholders of record on Nov. 24, 2015.
The new quarterly dividend represents a 20 percent increase from the previous dividend rate of $0.125 per share, paid in September.
“This action marks a return to our pre-recession dividend payout levels, and is the result of both our operating accomplishments and confidence in the future,” said Dustan E. McCoy, Brunswick chairman and chief executive officer. “This action also attests to our continued commitment to increasing shareholder returns.”
Headquartered in Lake Forest, Ill., Brunswick Corporation endeavors to instill "Genuine Ingenuity"(TM) in all its leading consumer brands, including Mercury and Mariner outboard engines; Mercury MerCruiser sterndrives and inboard engines; MotorGuide trolling motors; Attwood and Whale marine parts and accessories; Land 'N' Sea, Kellogg Marine, Diversified Marine, BLA and Bell RPG parts and accessories distributors; Bayliner, Boston Whaler, Brunswick Commercial and Government Products, Crestliner, Cypress Cay, Harris, Lowe, Lund, Meridian, Princecraft, Quicksilver, Rayglass, Sea Ray and Uttern boats, and Life Fitness, Hammer Strength and SCIFIT fitness equipment, and Brunswick billiards tables, accessories and game room furniture and InMovement products and services for productive well-being. For more information, visit http://www.brunswick.com.
Contact: Bruce Byots Vice President – Investor Relations Phone: 847-735-4612 Email: firstname.lastname@example.org Contact: Daniel Kubera Director – Media Relations and Corporate Communications Phone: 847-735-4617 Email: email@example.comSource: Brunswick Corp
Released October 20, 2015