Abstract: Disclosed is a device for dispensing strand materials which are stored on a spool, reel, or similar storage apparatus. The strand dispensing device includes a lever actuated, self-contained mechanical brake arrangement having a disk positioned between a plurality of opposed brake pads which are normally urged against the disk by a plurality of springs, thereby preventing rotation of the disk. The disk is connected to the storage apparatus so that the storage apparatus will not rotate unless the disk rotates. A lever actuated wedge separates the brake pads when tension is applied to the strand material, releasing the disk and permitting rotation of the disk and the storage apparatus. When the tension on the strand material is released, the springs urge the brake pads against the disk preventing unwanted unwinding of the strand material.