Brunswick Corporation : Brunswick Corporation increases quarterly dividend by 10 percent

Download as PDF 


                 Exceeds pre-recession dividend per-share peak

LAKE FOREST, Ill., Oct. 18, 2016  - The board of directors of Brunswick
Corporation (NYSE: BC) today declared a quarterly dividend on its common stock
of $0.165 per share, which reflects a 10 percent increase from its previous
quarterly dividend level of $0.15 per share.  The dividend will be payable on
Dec. 15, 2016, to shareholders of record on Nov. 22, 2016.

"This dividend increase is Brunswick's fourth increase since 2013, and reflects
our confidence in the execution of our strategy. This also demonstrates our
continued commitment to a balanced approach to capital allocation, which
includes investing in growth as well as returning cash to our shareholders,"
Brunswick Chairman and Chief Executive Officer Mark D. Schwabero explained.

The current annualized dividend of $0.66 per share will exceed Brunswick's pre-
recession peak by $0.06 per share.

About Brunswick
Headquartered in Lake Forest, Ill., Brunswick Corporation's  leading consumer
brands include Mercury and Mariner outboard engines; Mercury MerCruiser
sterndrives and inboard engines; MotorGuide trolling motors; Attwood, Garelick
and Whale marine parts and accessories; Land 'N' Sea, Kellogg Marine and BLA
parts and accessories distributors; Bayliner, Boston Whaler, Brunswick
Commercial and Government Products, Crestliner, Cypress Cay, Harris, Lowe, Lund,
Meridian, Princecraft, Quicksilver, Rayglass, Sea Ray, Thunder Jet and Uttern;
Life Fitness, Hammer Strength, Cybex, Indoor Cycling Group  and SCIFIT fitness
equipment; InMovement products and services for productive well-being; and
Brunswick billiards tables, accessories and game room furniture. For more
information, visit http://www.brunswick.com.



+-------------------------------------------------------------+
| Contact:   Daniel Kubera                                    |
+-------------------------------------------------------------+
|     Director - Media Relations and Corporate Communications |
+-------------------------------------------------------------+
| Phone:   847-735-4617                                       |
+-------------------------------------------------------------+
| Email:    daniel.kubera@brunswick.com                       |
+-------------------------------------------------------------+






This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
    
Source: Brunswick Corporation via GlobeNewswire

Released October 18, 2016