Brady Corporation (NYSE:BRC – Get Free Report) declared a quarterly dividend on Tuesday, May 19th. Shareholders of record on Friday, July 10th will be paid a dividend of 0.245 per share by the industrial products company on Friday, July 31st. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date is Friday, July 10th.
Brady has increased its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend annually for the last 39 consecutive years. Brady has a payout ratio of 20.0% meaning its dividend is sufficiently covered by earnings.
Brady Stock Performance
NYSE:BRC opened at $85.56 on Wednesday. The company has a fifty day moving average of $82.03 and a 200-day moving average of $82.78. The firm has a market capitalization of $4.04 billion, a P/E ratio of 19.49 and a beta of 0.61. The company has a quick ratio of 1.40, a current ratio of 2.01 and a debt-to-equity ratio of 0.02. Brady has a twelve month low of $65.76 and a twelve month high of $99.29.
Analysts Set New Price Targets
BRC has been the topic of a number of research analyst reports. Wall Street Zen cut shares of Brady from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Weiss Ratings cut shares of Brady from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy”.
Get Our Latest Analysis on BRC
Brady Company Profile
Brady Corporation is a global provider of identification and safety solutions, specializing in the design, manufacture and sale of products that help businesses improve safety, security and efficiency. The company offers an array of durable labels, signs, safety devices, printing systems and software platforms tailored to a wide range of industrial and commercial environments.
Founded in 1914 by William H. Brady, Brady Corporation has grown from a regional marker manufacturer into a diversified global enterprise.
See Also
- Five stocks we like better than Brady
- Vertical Aerospace: Pre-Flight Checks Point to a Breakout
- Palo Alto Networks Up 70%: Can the Rally Last Into June?
- Block’s Pivot to Profits and AI Is Turning Heads
- HIVE Weaponizes Power for an AI Pivot
Receive News & Ratings for Brady Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brady and related companies with MarketBeat.com's FREE daily email newsletter.
