Business News

Brady Corporation Increases Quarterly Dividend to Shareholders 13 Percent

Wednesday 17. September 2008 - Brady Corporation's (NYSE: BRC) Board of Directors has announced an increase in its quarterly dividend to shareholders of the company's Class A Common Stock by 13 percent, from $0.15 to $0.17 per share.

This represents the 23rd consecutive annual increase in dividends. The dividend will be paid on October 31, 2008, to shareholders of record at the close of business on October 10, 2008.

“We continue to be focused on creating value for our shareholders, and this year’s dividend increase is a result of our higher levels of profitability and strong cash flow,” said Brady CFO Thomas J. Felmer.