Brady Corporation increases dividend for 30th consecutive year

Brady Corporation will raise its quarterly dividend by 1.3%.

Brady Corp (BRC), founded in 1914, will increase its quarterly dividend to $0.2025 per share, marking 30 consecutive years of higher dividend payments.

The new annual dividend of $0.81 per share translates into an indicated dividend yield of 3.8% at based on Thursday's closing price of $21.52 per share.

Brady, an international manufacturer and marketer of complete solutions that identify and protect people, products and places, hit a fresh 52wk low this month.

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