Brunswick Corporation Declares Quarterly Dividend, Payable on March 15, 2024
February 15, 2024 at 08:16 am EST
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The Board of Directors of Brunswick Corporation declared a quarterly dividend on its common stock of $0.42 per share, an increase of 5% to the current dividend. The dividend will be payable on March 15, 2024, to shareholders of record at the close of business on February 26, 2024.
Brunswick Corporation designs, manufactures and markets recreational marine products, including marine propulsion products and boats, as well as parts and accessories for the marine and RV markets. Its segments include Propulsion, Engine Parts and Accessories (Engine P&A), Navico Group and Boat. The Propulsion segment designs, manufactures and sells engines, controls, rigging, and propellers globally. The Engine P&A segment sells products such as engine parts and consumables including oils and lubricants, electrical products, boat parts and systems, and also includes its marine parts and accessories distribution businesses. The Navico Group segment designs, develops, manufactures, and markets products and systems for the marine and RV, specialty vehicle markets. The Boat segment consists of the Brunswick Boat Group (Boat Group), which manufactures and distributes recreational boats, and Business Acceleration. Its boat brands include Boston Whaler, Lund, Sea Ray and Bayliner.