Brady Corporation Declares Regular Dividend to Shareholders

Rhea-AI Summary

On May 20, 2020, Brady Corporation's Board of Directors declared a quarterly dividend of $0.2175 per share for its Class A Common Stock. This dividend will be payable on July 31, 2020, to shareholders of record by the close of business on July 10, 2020. Brady Corporation, headquartered in Milwaukee, is a manufacturer of solutions that enhance safety and performance across various industries, achieving fiscal 2019 sales of approximately $1.16 billion with around 6,100 employees worldwide.

Positive

• Quarterly dividend of $0.2175 per share enhances shareholder income.
• Strong fiscal 2019 sales of approximately $1.16 billion indicate solid business performance.

Negative

• None.

MILWAUKEE, May 20, 2020 (GLOBE NEWSWIRE) -- On May 20, 2020, Brady Corporation’s (NYSE: BRC) Board of Directors declared a quarterly dividend to shareholders of the company's Class A Common Stock of $0.2175 per share, payable on July 31, 2020, to shareholders of record at the close of business on July 10, 2020.

Brady Corporation is an international manufacturer and marketer of complete solutions that identify and protect people, products and places.  Brady’s products help customers increase safety, security, productivity and performance and include high-performance labels, signs, safety devices, printing systems and software.  Founded in 1914, the Company has a diverse customer base in electronics, telecommunications, manufacturing, electrical, construction, medical, aerospace and a variety of other industries.  Brady is headquartered in Milwaukee, Wisconsin and as of July 31, 2019, employed approximately 6,100 people in its worldwide businesses.  Brady’s fiscal 2019 sales were approximately $1.16 billion.  Brady stock trades on the New York Stock Exchange under the symbol BRC.  More information is available on the Internet at www.bradycorp.com/investors.

For More Information Contact:
Investor Contact:  Ann Thornton (414) 438-6887
Media Contact:  Kate Venne (414) 438-5176

FAQ

What is the dividend amount declared by Brady Corporation?

The declared dividend amount is $0.2175 per share.

When is the dividend payment date for BRC shareholders?

The dividend will be payable on July 31, 2020.

Who is eligible to receive the dividend from Brady Corporation?

Shareholders of record as of July 10, 2020, are eligible to receive the dividend.

What were Brady Corporation's sales figures for fiscal 2019?

Brady Corporation reported sales of approximately $1.16 billion for fiscal 2019.

What is the significance of the dividend for BRC shareholders?

The dividend provides a direct income stream to shareholders, reflecting the company's confidence in its financial performance.