Brady Corporation (BRC) To Go Ex-Dividend on April 9th

Brady Corporation (NYSE:BRC) declared a quarterly dividend on Tuesday, February 24th. Investors of record on Thursday, April 9th will be paid a dividend of 0.245 per share by the industrial products company on Thursday, April 30th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, April 9th.

Brady has raised its dividend by an average of 0.0%annually over the last three years and has increased 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 Performance

Shares of NYSE BRC opened at $80.23 on Tuesday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.40 and a current ratio of 2.13. The company has a market cap of $3.79 billion, a P/E ratio of 18.79 and a beta of 0.65. The firm’s fifty day moving average is $88.02 and its two-hundred day moving average is $81.89. Brady has a 52-week low of $62.70 and a 52-week high of $99.29.

Brady (NYSE:BRC) last announced its quarterly earnings results on Thursday, February 19th. The industrial products company reported $1.09 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.09. The company had revenue of $384.14 million for the quarter, compared to the consensus estimate of $376.14 million. Brady had a net margin of 13.01% and a return on equity of 18.62%. Brady’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.00 EPS. Brady has set its FY 2026 guidance at 4.950-5.150 EPS. As a group, analysts anticipate that Brady will post 4.55 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have issued reports on BRC shares. Wall Street Zen downgraded shares of Brady from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. Weiss Ratings reiterated a “buy (b)” rating on shares of Brady in a report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Strong 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.