BrilliA (BRIA) stock rocketed higher on Thursday after the maker of intimate apparel for women over 30 years old announced a cash dividend. This dividend is $0.133 per share, representing a total value of $2,992,500 across 22.5 million shares of BRIA stock. It will be payable on September 30, 2025, to shareholders of record as of September 15, 2025.
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Kendrew Hartanto, CEO of BrilliA, discussed the reason for the dividend in a filing with the Securities and Exchange Commission (SEC). He said, “Our decision to declare this dividend reflects the Company’s strong fundamentals and disciplined approach to growth. We remain confident in our ability to execute our strategy, generate sustainable cash flows, and deliver consistent value to our shareholders.”
BrilliA Stock Movement Today
BrilliA stock was up 102.35% in pre-market trading on Thursday, following muted movement the previous day. Investors will keep in mind that BRIA stock has fallen 32.81% year-to-date and 35.03% over the past 12 months.
Today’s dividend news and BrilliA stock movement came alongside heavy trading, as some 11 million shares changed hands. This was well above the company’s three-month daily average of about 2,760 shares. It also follows strong trading activity on Wednesday, when some 6.55 million units were exchanged.
Is BrilliA Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for BrilliA is Moderate Buy, based on a single Buy rating over the past three months. With that comes an average BRIA stock price target of $5, representing a potential 95.32% upside for the shares.
