Brady Corporation Announces 39th Consecutive Dividend Increase
On September 4, 2024, Brady Corporation (NYSE: BRC) proudly revealed that its Board of Directors has approved an increase in the annual dividend for its shareholders. The dividend will rise from $0.94 to $0.96 per share, reflecting the company's ongoing dedication to enhancing shareholder value.
Upcoming Dividend Payment Details
The new quarterly dividend of $0.24 per share is set to be distributed on October 31, 2024, to all shareholders who are on record as of the close of business on October 10, 2024. This marks a significant achievement, as it signifies the 39th consecutive year of dividend growth for Brady Corporation, underscoring its reliability and commitment to its investors.
Company Overview and Industry Influence
Brady Corporation is recognized as a leader in the manufacturing and marketing of solutions that promote safety and efficiency. Its diverse product range includes high-performance labels, signs, safety devices, and advanced printing systems. Established in 1914, Brady has built a strong reputation across multiple sectors, such as electronics, telecommunications, and construction.
Dedication to Innovation and Employee Engagement
The company has shown robust performance, with fiscal 2023 sales reaching approximately $1.33 billion. With a global workforce of around 5,600 employees, Brady is committed to creating an environment that fosters productivity and innovation.
Contact Information for Shareholder Inquiries
For any questions related to investments, Ann Thornton can be reached at (414) 438-6887. Media inquiries should 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.
