Brady Corporation Shares Insights on Dividend Growth Success
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Brady Corporation Announces Dividend Increase for 39th Year
On September 4, 2024, Brady Corporation (NYSE: BRC) proudly announced that its Board of Directors has approved a raise in the annual dividend for shareholders. The amount will rise from $0.94 to $0.96 per share, a testament to the company's consistent commitment to increasing shareholder value.
Details of the Upcoming Dividend Payment
The updated quarterly dividend of $0.24 per share will be paid on October 31, 2024, to all shareholders of record as of the close of business on October 10, 2024. This marks an impressive milestone as it represents the 39th consecutive year of dividend growth for Brady Corporation, reinforcing its reliability and commitment to investors.
Company Overview and Industry Impact
Brady Corporation stands as a leader in manufacturing and marketing solutions that enhance safety and efficiency. The range of products includes high-performance labels, signs, safety devices, and advanced printing systems. Founded in 1914, Brady has developed a solid reputation across various sectors, including electronics, telecommunications, and construction.
Commitment to Innovation and Employee Engagement
The company has demonstrated strong performance with fiscal 2023 sales reaching approximately $1.33 billion. With around 5,600 employees engaged globally, Brady is committed to fostering an environment that encourages productivity and innovation.
Contact Information for Shareholder Inquiries
For any investor-related questions, Ann Thornton is available at (414) 438-6887. Inquiries from media representatives can be directed to Kate Venne at (414) 358-5176.
Frequently Asked Questions
What is the new annual dividend per share announced by Brady Corporation?
Brady Corporation's new annual dividend is $0.96 per share.
When will the next dividend be paid to shareholders?
The next dividend will be paid on October 31, 2024.
How many consecutive years has Brady increased its dividend?
Brady Corporation has increased its dividend for 39 consecutive years.
What industries does Brady Corporation serve?
Brady Corporation serves various industries, including electronics, telecommunications, manufacturing, and construction.
Who should I contact for more information on Brady Corporation?
For investor inquiries, contact Ann Thornton at (414) 438-6887 or media inquiries can be directed to Kate Venne at (414) 358-5176.
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