Brady Corporation Plans Quarterly Dividend of $0.25 (NYSE:BRC)

Brady Corporation (NYSE:BRCGet 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.

Brady (NYSE:BRCGet Free Report) last released its quarterly earnings data on Monday, May 18th. The industrial products company reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.15. The company had revenue of $435.24 million during the quarter, compared to analyst estimates of $406.07 million. Brady had a net margin of 12.93% and a return on equity of 19.01%. Brady’s revenue for the quarter was up 13.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.22 EPS. Brady has set its FY 2026 guidance at 5.200-5.300 EPS. As a group, sell-side analysts anticipate that Brady will post 5.25 EPS for the current year.

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

(Get Free Report)

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

Dividend History for Brady (NYSE:BRC)

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