Brunswick Corporation(BC) is having a Dividend Yield of 1.09% with the Annual cash Dividend per share of $0.62. The last quarter cash dividend per share pay out was $0.17. Brunswick Corporation has a 5 year average dividend yield of 0.72% and the stock has a Indicated annual dividend of $0.66. Brunswick Corporation(BC) formally announced its most recent dividend on December 19, 2016 with a Dividend per share of $0.17. The new indicated annual dividend based on announced dividend per share is $0.66. The dividend yield based on the forward looking indicated annual dividend is 1.09%. Brunswick Corporation(BC) has the most recent dividend payout ratio of 0.19 with a 5-year average payout ratio of 0.13. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.06. The 5 year historical dividend growth of Brunswick Corporation(BC) is at the rate of 102.11% while the R-Squared dividend growth is 0.81. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Brunswick Corporation (NYSE:BC) witnessed a decline in the market cap on Thursday as its shares dropped 1.32% or 0.8 points. After the session commenced at $60.6, the stock reached the higher end at $60.62 while it hit a low of $59.32. With the volume soaring to 914,772 shares, the last trade was called at $59.9. The company has a 52-week high of $61.07. The company has a market cap of $5,372 million and there are 89,689,502 shares in outstanding. The 52-week low of the share price is $39.545. Shares of Brunswick Corporation rose by 0.02% in the last five trading days and 7.31% for the last 4 weeks. Brunswick Corporation is up 24.7% in the last 3-month period. Year-to-Date the stock performance stands at 9.83%.
Currently the company Insiders own 2.5% of Brunswick Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.98% . Institutional Investors own 99.34% of Brunswick Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -6.98%. Company has reported several Insider transactions to the SEC, on Feb 9, 2017, John C Pfeifer (PRES MERCURY MARINE) sold 2,878 shares at 59.63 per share price.On Feb 6, 2017, Christopher F Dekker (V.P. GEN COUNSEL & SECRETARY) sold 1,645 shares at 60.33 per share price.On Jul 18, 2016, William Metzger (SR. VICE PRESIDENT AND CFO) sold 19,051 shares at 49.52 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Imperial Capital on Jan 31, 2017 to Outperform, Raises Price Target to $ 70 from a previous price target of $60 .Company shares were Reiterated by RBC Capital Mkts on Jan 27, 2017 to Outperform, Raises Price Target to $ 65 from a previous price target of $57 .Company shares were Reiterated by Stifel on Jan 19, 2017 to Buy, Raises Price Target to $ 64 from a previous price target of $60 .Brunswick Corporation was Initiated by CL King on Dec 22, 2016 to Buy, Price Target of the shares are set at $65.Company shares were Reiterated by Wedbush on Dec 16, 2016 to Outperform, Raises Price Target to $ 66 from a previous price target of $60 .
Brunswick Corporation Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.67 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.65. The company had revenue of $1083.00 million for the quarter, compared to analysts expectations of $1104.97 million. The companys revenue was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.52 EPS.
Brunswick Corporation is a manufacturer and marketer of leading consumer brands in four segments: Marine Engines, Boats, Fitness and Bowling & Billiards. The company also owns and operates: Brunswick bowling centers across the United States and internationally; Land N Sea, a distributor of marine parts and accessories; and Omni Fitness, a chain of specialty fitness equipment retail stores.