How To Earn $500 A Month From Brady Stock Following Q4 Earnings
Portfolio Pulse from Priya Nigam
Brady Corp (NYSE:BRC) reported better-than-expected Q4 results with sales growth of 6.8% Y/Y to $345.93 million and adjusted EPS of $1.04. The company's Board of Directors approved a 2.2% increase in the annual dividend to shareholders from $0.92 to $0.94 per share. The article also provides a calculation on how to earn $500 monthly from Brady dividends, which would require owning approximately $369,145 worth of Brady, or 6,522 shares.
September 06, 2023 | 12:30 pm
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Brady Corp reported strong Q4 results and increased its annual dividend, which could attract income-focused investors and potentially drive the stock price up in the short term.
Brady Corp's better-than-expected Q4 results and increased dividend are positive news for the company. This could attract more investors, especially those focused on income through dividends, which could increase demand for the stock and potentially drive the price up in the short term.
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