Brady Stock To Go Ex-dividend Tomorrow (BRC)

NEW YORK ( TheStreet) -- The ex-dividend date for Brady Corporation (NYSE: BRC) is tomorrow, January 6, 2012. Owners of shares as of market close today will be eligible for a dividend of 19 cents per share. At a price of $32.10 as of 9:30 a.m. ET, the dividend yield is 2.3%.

The average volume for Brady has been 324,600 shares per day over the past 30 days. Brady has a market cap of $1.59 billion and is part of the services sector and diversified services industry. Shares are up 2.4% year to date as of the close of trading on Wednesday.

Brady Corporation manufactures and markets identification solutions and specialty products that identify and protect premises, products, and people. The company has a P/E ratio of 14.9, above the average diversified services industry P/E ratio of 11.7 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Brady as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Brady Ratings Report.

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