Identification product manufacturer Brady Corporation makes badge lanyards like
the one shown here.  Microsoft - owner of the Xbox gaming brand - is expected
to announce its 15th annual dividend increase next week.
Photo: Flickr.com/William Hook

As expected, Brady Corporation announced its 32nd year of dividend increases this week.  However, the increase wasn’t impressive though, coming in at a growth rate of only 1.2%.  This is the third straight year of a penny per share dividend increase from the maker of signage and identification products.

Dividend Increases Announced This Week

Brady Corporation (BRC)

Industry: Business Services – Identification Products

Dividend Payment: 20.75 cents per share – up 1.2% from prior level of 20.5 cents

Dividend Paid On: 10/31

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 10/6

Number of Years of Dividend Increases: 32

Current Forward Yield: 2.31%

Dividend Increase Announcements Expected Next Week

Microsoft Corporation (MSFT)