BRC - How To Earn $500 A Month From Brady Stock Following Q4 Earnings | Benzinga
Brady Corp (NYSE: BRC) reported better-than-expected results for its fourth quarter.
The company reported sales growth of 6.8% Y/Y to $345.93 million, beating the consensus of $329.19 million. Adjusted EPS of $1.04 beat the consensus of $0.90.
The company's Board of Directors approved an increase in the annual dividend to shareholders from $0.92 to $0.94 per share, representing a 2.2% increase.
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.
With Brady reporting strong quarterly earnings, some investors may be eyeing potential gains from the company’s dividends. As of now, Brady has a dividend yield of 1.82%, which is a quarterly dividend amount of $0.23 a share ($0.92 a ...