Brady Corporation (NYSE:BRC) to Issue $0.25 Quarterly Dividend

Brady Corporation (NYSE:BRC) declared a quarterly dividend on Tuesday, May 19th. Shareholders of record on Friday, July 10th will be given a dividend of 0.245 per share by the industrial products company on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Friday, July 10th.

Brady has raised its dividend by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 39 consecutive years. Brady has a dividend payout ratio of 20.0% indicating that its dividend is sufficiently covered by earnings.

Brady Stock Up 1.3%

BRC opened at $85.56 on Wednesday. The firm has a 50-day simple moving average of $82.03 and a two-hundred day simple moving average of $82.78. Brady has a 52 week low of $65.76 and a 52 week high of $99.29. The company has a market capitalization of $4.04 billion, a PE 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 (NYSE:BRC) last released its quarterly earnings data on Monday, May 18th. The industrial products company reported $1.50 EPS for the quarter, beating the consensus estimate of $1.35 by $0.15. Brady had a net margin of 12.93% and a return on equity of 19.01%. The business had revenue of $435.24 million during the quarter, compared to the consensus estimate of $406.07 million. During the same quarter in the prior year, the firm earned $1.22 EPS. The business’s revenue was up 13.7% on a year-over-year basis. Brady has set its FY 2026 guidance at 5.200-5.300 EPS. Analysts forecast that Brady will post 5.25 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently weighed in on BRC. Weiss Ratings lowered shares of Brady from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. Wall Street Zen lowered shares of Brady from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, Brady presently has an average rating of “Buy”.

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.