Brown-Forman Corporation (NYSE:
BF-B)
is among the 12 Best Alcohol Stocks to Buy Right Now.
On March 2, 2026, Brown-Forman Corporation (NYSE:BF-B) and Pabst Brewing Company announced that their cooperation in the United States for flavored malt beverages will terminate on July 7. Brown-Forman Corporation (NYSE:BF-B) will assume responsibility for supply, sales, marketing, and distribution. The 2021 agreement gave Pabst exclusive rights to create and distribute Jack Daniel's Country Cocktails, as well as develop additional flavored malt beverages such as Jack Daniel's Bolder, Jack Daniel's Hard Tea, and el Jimador Spiked Bebidas. Robinson Brown IV, Senior Vice President and Managing Director, United States and Canada, Brown-Forman Corporation (NYSE:BF-B), said bringing the brands in-house will give the company more control over its ready-to-drink strategy as customer demand rises. Greig DeBow, Chief Executive Officer, Pabst, stated that Pabst will focus its resources on its core product and innovation.
Separately, on February 18, 2026, Brown-Forman Corporation (NYSE:BF-B)'s board announced a quarterly cash dividend of $0.2310 per share on Class A and Class B common stock, payable to shareholders of record on March 9, 2026, and payable on April 1, 2026.
Brown-Forman Corporation (NYSE:BF-B) produces and distributes alcoholic beverages. The firm sells whiskey, scotch, tequila, vodka, liquor, and wine. The company's brands include Jack Daniel's, Woodford Reserve, Old Forester, Early Times, Canadian Mist, Coopers' Craft, Slane Irish, Finlandia, Korbel, El Jimador, Sonoma-Cutrer, and Chambord.
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