How Safe Is Brown-Forman's Dividend?

Dividend investors like reliable businesses, and the alcohol and spirits industry has been a reliable producer of profits for centuries. Brown-Forman (NYSE: BF-A) (NYSE: BF-B) isn't a household name in itself, but the products it makes are among the best-known in the business, including Jack Daniel's whiskey and Finlandia vodka. Even with its past success, Brown-Forman still has to compete against many rivals, and investors looking for sustainable income want to make sure they can count on the company to come out a winner.

Let's look more closely at Brown-Forman and how it's positioning itself for the future.

Current Quarterly Dividend Per Share

Source: Fool.com