Brady Corporation increased its annual dividend to $0.98 per share, reflecting 40 years of consecutive dividend growth.
Quiver AI Summary
Brady Corporation announced an increase in its annual dividend for Class A Common Stock from $0.96 to $0.98 per share, marking the 40th consecutive year of dividend increases. A quarterly dividend of $0.245 per share will be distributed on October 31, 2025, to shareholders recorded by October 10, 2025. Brady Corporation, founded in 1914 and headquartered in Milwaukee, is a global manufacturer providing solutions for safety and productivity across various industries. As of July 31, 2024, the company employed about 5,700 people and generated fiscal 2024 sales of approximately $1.34 billion.
Potential Positives
- Brady Corporation announced an increase in its annual dividend to shareholders, reflecting a commitment to returning value to investors.
- This marks the 40th consecutive annual increase in dividends, highlighting the company's strong financial performance and commitment to shareholder value.
- The dividend payment of $0.245 per share reinforces investor confidence and demonstrates the company's consistent profitability.
- The company continues to maintain a diverse customer base across various industries, which supports long-term growth potential.
Potential Negatives
- The modest increase in the annual dividend from $0.96 to $0.98 may indicate limited growth prospects or profitability concerns, as larger increases might be expected in a healthy economic environment.
- While the announcement highlights the 40th consecutive annual increase in dividends, it does not address the overall financial performance or growth strategy of the company, which may raise questions among investors.
- The lack of specific financial metrics or future guidance in the press release could lead to uncertainty among shareholders regarding the company's long-term outlook.
FAQ
What is the new dividend per share for Brady Corporation?
The new dividend for Brady Corporation's Class A Common Stock is $0.98 per share.
When will the quarterly dividend be paid?
The quarterly dividend will be paid on October 31, 2025.
What is significant about this dividend increase?
This dividend represents the 40th consecutive annual increase in dividends by Brady Corporation.
What is Brady Corporation's main business focus?
Brady Corporation focuses on identifying and protecting people, products, and places through various safety and productivity solutions.
Where is Brady Corporation headquartered?
Brady Corporation is headquartered in Milwaukee, Wisconsin.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$BRC Hedge Fund Activity
We have seen 127 institutional investors add shares of $BRC stock to their portfolio, and 177 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VAN BERKOM & ASSOCIATES INC. removed 620,435 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $43,827,528
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 500,776 shares (-57.6%) from their portfolio in Q2 2025, for an estimated $34,037,744
- NEUBERGER BERMAN GROUP LLC added 475,611 shares (+29.5%) to their portfolio in Q2 2025, for an estimated $32,327,279
- FMR LLC added 413,091 shares (+8.5%) to their portfolio in Q2 2025, for an estimated $28,077,795
- BOSTON PARTNERS removed 294,131 shares (-87.4%) from their portfolio in Q2 2025, for an estimated $19,992,084
- FIRST TRUST ADVISORS LP added 274,982 shares (+30.7%) to their portfolio in Q2 2025, for an estimated $18,690,526
- CAMBRIA INVESTMENT MANAGEMENT, L.P. removed 215,316 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $15,209,922
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
MILWAUKEE, Sept. 03, 2025 (GLOBE NEWSWIRE) -- On September 3, 2025, 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 $0.96 per share to $0.98 per share. A quarterly dividend to shareholders of the Company’s Class A Common Stock of $0.245 per share will be paid on October 31, 2025, to shareholders of record at the close of business on October 10, 2025. This dividend represents the 40 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, 2024, employed approximately 5,700 people in its worldwide businesses. Brady’s fiscal 2024 sales were approximately $1.34 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
