New Report: Brady Corp (BRC)

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Brady Corp, known by the ticker symbol BRC,  is a mid-cap security and protection service company, operating in the industrials business sector. This is my first report on BRC  for this Viital portfolio. I have reported on it for one or more of my previous six portfolios.  

Brady Corp provides identification solutions and workplace safety products. The company offers identification and healthcare products that are sold under the Brady brand to maintenance, repair, and operations as well as original equipment manufacturing customers. 

Products include safety signs and labelling systems, material identification systems, wire identification, patient identification, and people identification. 

Brady also provides workplace safety and compliance products such as safety and compliance signs, asset tracking labels, and first-aid products. Its largest end market is the United States.

Its products reach various industries, including process, government, education, construction, and utilities, as well as manufacturers through catalog and digital channels. It also offers stock and custom identification products, and also sells related resale products. 

Brady Corporation was incorporated in 1914 and is headquartered in Milwaukee, Wisconsin.

BRC Dividends


Three key data points gauge any dividend equity or fund such as Brady Corp (BRC):

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money. 

BRC Price

Brady's price per share of $43.65 as of yesterday's market close. One year ago its price was $57.70. Therefore, BRC's share price fell $14.05 or about 24.4% in the past year. 

If BRC's stock trades in the range of $40.00 to $60.00 this next year, its recent $43.65 share price might rise by $11.35 to reach $55.00 by March 16, 2023. My $11.35 estimate is  $6.25 below the median of target price estimates from 4 analysts tracking Brady Corp for brokerages.

Brady Corp's most recently declared quarterly dividend of $0.225 per share is payable April 29th, to shareholders on record as of April 7th.  The BRC Annual estimated dividend payout per share of $0.90 yields 2.06% per yesterday's $43.65 closing price. 

Brady Corp has paid  quarterly dividend payouts, since January 3, 1987. That stretch marked 35 years in January.

BRC Returns

Adding the $0.90 annual BRC forward-looking dividend to the estimated one-year price upside of $11.35 shows a $12.25 potential gross gain, per share, to be reduced by any costs to trade Brady Corp shares.  

At yesterday's $43.65 price per share, a little over $1000 would buy 23 shares.

A $10 broker fee (if charged) would be paid half at purchase and half at sale and might cost us about $0.43 per share.

Subtract that maybe $0.43 brokerage cost from my estimated $12.25 gross gain estimate per share results in a net gain of $11.82 X 23 shares = $271.86 for a 27.17% net gain on a $1,003.95 investment.

So it is that Brady Corp  (BRC) shows a possible 27.18% net gain including a 2.06% forward estimated dividend yield. 

Over the next year at this time our $1000 investment in Brady Corp could generate $20.60 in cash dividends alone. Note that a single share of BRC stock bought at yesterday's single share price of $43.65 is $23.05 greater than the dividend income from our $1000.00 invested. So, by my dogcatcher ideal, now NOT the time to buy Brady Corp (BRC) shares. The estimated next-year dividend from $1K invested is $23.05 less than yesterday's single share price. Consider yourself alerted. Its a sign!  This is not the  time to buy Wait for Brady's price to drop to $30.00! 

All of the estimates above are speculation based on the past history of Brady Corp (BRC). Only time and money invested in this stock will determine its market value.

Disclaimer:  This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...

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