Brady Corporation Increases Annual Dividend From $0.92 Per Share To $0.94 Per Share
Portfolio Pulse from Benzinga Newsdesk
Brady Corporation has announced an increase in its annual dividend from $0.92 per share to $0.94 per share. A quarterly dividend of $0.235 per share will be paid on October 31, 2023, to shareholders of record at the close of business on October 10, 2023. This marks the 38th consecutive annual increase in dividends.
September 05, 2023 | 6:36 am
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Brady Corporation's decision to increase its annual dividend could be seen as a positive sign by investors, potentially leading to an increase in the company's stock price.
Dividend increases are often seen as a sign of a company's strong financial health. As such, this news could lead to increased investor confidence in Brady Corporation, potentially driving up the company's stock price in the short term.
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