Brunswick Corp.'s BC.PRA Poised for Ex-Dividend Impact

Brunswick Corp. will see its 6.500% Senior Notes (BC.PRA) trade ex-dividend on April 1, 2025, affecting stock movement. A dividend of $0.4062 reflects a yield of 6.66%, lower than the sector average.

Date: 28-03-2025

AI Rating: 6

Potential Impact on Stock Prices
Brunswick Corp.'s preferred shares, BC.PRA, are set to trade ex-dividend on April 1, 2025. The quarterly dividend of $0.4062 represents about 1.67% of the current price, which generally results in a corresponding decline in the share price upon trading. Investors should expect BC.PRA to begin trading lower, as it adjusts for the dividend payout.

The annual yield of 6.66% for this preferred stock is lower compared to the average yield of 13.53% in the 'Consumer Goods' sector. This disparity may lead to a perception of the stock as less attractive compared to its counterparts, potentially influencing investor sentiment and decisions regarding allocation towards BC.PRA.

Looking at the preferred shares performance, Brunswick's bond is currently showing a minor decline of about 0.1%, with common shares (BC) trading flat during the same session. The flat performance in common stock indicates that broader market conditions or company-specific events may not be heavily impacting investor reaction currently. Investors should remain cautious of the yield and pricing dynamics moving forward.

Stocks: BC