Brady Corporation Celebrates 40 Years of Dividend Growth
Brady Corporation's Remarkable Dividend Increase
Brady Corporation has once again demonstrated its commitment to rewarding shareholders by increasing its annual dividend for the 40th consecutive year. Recently, the Board of Directors took the pivotal step of raising the dividend for the Company’s Class A Common Stock from $0.96 to $0.98 per share. This decision underscores Brady’s ongoing dedication to enhancing shareholder value.
Quarterly Dividend Details
In alignment with its tradition of growth, Brady Corporation will also pay out a quarterly dividend of $0.245 per share on October 31 to those shareholders who hold shares as of the close of business on October 10. This increase is notable as it marks a remarkable milestone in the Company's history, reflecting steadfast growth and a strong financial foundation.
About Brady Corporation
Founded in 1914, Brady Corporation is a distinguished international manufacturer and marketer specializing in complete solutions that focus on identifying and safeguarding people, products, and places. Its expansive product portfolio includes high-performance labels, safety devices, signs, and printing systems that strategically enhance safety, security, productivity, and performance across diverse industries such as electronics, telecommunications, manufacturing, medical, and aerospace.
Financial Performance and Workforce
With a workforce of approximately 5,700 employees worldwide, Brady Corporation continues to thrive in a competitive market. For fiscal 2024, the Company reported sales nearing $1.34 billion, showcasing its robust financial performance and commitment to growth. The consistent annual increases in dividends is a testament to Brady's sustainable business model and long-term vision.
Commitment to Innovation
Brady Corporation has maintained its status as a leading provider of identification solutions by focusing on continual innovation and adapting to changing market needs. Their investment in advanced technologies not only enhances product quality but also drives efficiency in operations.
Shareholder Engagement
Brady Corporation values its shareholders and consistently seeks to keep them informed and engaged. By increasing dividends over four decades, the Company showcases its reliability and commitment towards maintaining a strong relationship with its investors.
Contact Information
For more details and inquiries, interested parties can reach out to:
Investor Contact: Ann Thornton at (414) 438-6887
Media Contact: Kate Venne at (414) 358-5176
Frequently Asked Questions
What is the new dividend per share for Brady Corporation?
The new dividend per share for Brady Corporation is $0.98.
When will the next dividend be paid?
The next dividend will be paid on October 31 to shareholders on record as of October 10.
How long has Brady Corporation been increasing dividends?
Brady Corporation has been increasing dividends for 40 consecutive years.
What industries does Brady Corporation serve?
Brady Corporation serves industries including electronics, telecommunications, construction, manufacturing, and medical fields, among others.
How many employees does Brady Corporation have?
As of now, Brady Corporation employs approximately 5,700 people globally.
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