Sign maker Brady 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.
The article Brady Keeps Dividend Steady at $0.19 originally appeared on Fool.com.Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.