Brady Corporation increases its dividend to shareholders for the 36th consecutive year

On August 31, 2021, Brady Corporation's Board of Directors approved a dividend increase for its Class A Common Stock, raising it from $0.88 to $0.90 annually.

Rhea-AI Summary

On August 31, 2021, Brady Corporation's Board of Directors approved a dividend increase for its Class A Common Stock, raising it from $0.88 to $0.90 annually. This marks the 36th consecutive increase in dividends. The quarterly dividend of $0.225 per share will be distributed on October 29, 2021, to shareholders on record by October 8, 2021. Brady Corporation, headquartered in Milwaukee, specializes in safety and identification solutions and reported fiscal 2020 sales of approximately $1.08 billion.

Positive

• Annual dividend increased from $0.88 to $0.90 per share.
• Represents the 36th consecutive annual dividend increase.
• Quarterly dividend of $0.225 to be paid on October 29, 2021.

Negative

• None.

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MILWAUKEE, Sept. 01, 2021 (GLOBE NEWSWIRE) -- On August 31, 2021, Brady Corporation’s (NYSE: BRC) Board of Directors approved an increase in the annual dividend to shareholders of the Company’s Class A Common Stock from $0.88 per share to $0.90 per share. A quarterly dividend to shareholders of the Company’s Class A Common Stock of $0.225 per share will be paid on October 29, 2021, to shareholders of record at the close of business on October 8, 2021. This dividend represents the 36^th consecutive annual increase in dividends.  

Brady Corporation is an international manufacturer and marketer of complete solutions that identify and protect people, products and places. Brady’s products help customers increase safety, security, productivity and performance and include high-performance labels, signs, safety devices, printing systems and software. Founded in 1914, the Company has a diverse customer base in electronics, telecommunications, manufacturing, electrical, construction, medical, aerospace and a variety of other industries. Brady is headquartered in Milwaukee, Wisconsin and as of July 31, 2020, employed approximately 5,400 people in its worldwide businesses. Brady’s fiscal 2020 sales were approximately $1.08 billion. Brady stock trades on the New York Stock Exchange under the symbol BRC. More information is available on the Internet at www.bradycorp.com.

For More Information Contact:
Investor Contact: Ann Thornton (414) 438-6887
Media Contact: Kate Venne (414) 358-5176

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the new dividend amount for BRC?

The new annual dividend for Brady Corporation (BRC) is $0.90 per share.

When will the dividend be paid for BRC?

The quarterly dividend will be paid on October 29, 2021.

How long has BRC consistently increased its dividend?

Brady Corporation has increased its dividend for 36 consecutive years.

What is the amount of the quarterly dividend for BRC?

The quarterly dividend for Brady Corporation (BRC) is $0.225 per share.

When is the record date for the BRC dividend?

The record date for the BRC dividend is October 8, 2021.