Brady Keeps Dividend Steady at $0.19

Sign maker has increased the payout annually each year for the last eight years

By Rich Duprey – May 16, 2013 at 9:21PM EST

Sign maker Brady (BRC +1.29%) announced yesterday its second-quarter dividend of $0.19 per share, the same rate it's paid for the last three quarters, after it increased it 3% from $0.185 per share.

The board of directors said the quarterly dividend is payable on July 31 to the holders of record at the close of business on July 10. Brady has increased its annual dividend every year for the last eight years.

The regular dividend payment equates to a $0.76-per-share annual dividend yielding 2.2% based on the closing price of Brady's stock on May 15.

BRC Dividend data by YCharts

Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time. Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. His coverage reflects his passion for motorcycles, booze, and guns (though not enjoyed all at the same time...usually), but his writing also covers the broader sectors of consumer goods, technology, and industrials. So follow along as he tries to break down complex topics to make them more understandable and useful to the average investor. Have a story idea? Contact Rich here. I may not be able to respond to every suggestion, but I do read them all! Does an article needs a correction? Reach Rich here.

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Brady Keeps Dividend Steady at $0.19

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