Beam Declares Dividend

Deerfield based Beam, Inc., a Fortune 500 company and distillers of Jim Beam Bourbon, Canadian Club and other brands, will pay a dividend of 20.5 cents per share of its common stock, according to a report from Four Traders.

The company plans to announce its earnings May 3.

The dividend will be paid June 1 to all shareholders of record as of May 9. On June 10, the company will also pay a 66.75 cent per share dividend to all holders of $2.67 convertible preferred stock as of May 9.

Earlier this week, Beam acquired Pinnacle Vodka brand and a line of flavored rums called Calico Jack's from While Rock Distillers, according to a report in The Street.