Brown & Brown, Inc. announces 12.2% increase in quarterly cash dividend rate
Brown & Brown, Inc. (NYSE: BRO) has declared a quarterly cash dividend of $0.1150 per share, payable on November 16, 2022, to shareholders of record as of November 2, 2022.
Sentiment and the balance of points
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Rhea-AI Summary
Brown & Brown, Inc. (NYSE: BRO) has declared a quarterly cash dividend of $0.1150 per share, payable on November 16, 2022, to shareholders of record as of November 2, 2022. This marks a 12.2% increase from the prior dividend of $0.1025 and represents the twenty-ninth consecutive annual dividend increase. Established in 1939, Brown & Brown is a prominent insurance brokerage firm with over 14,500 employees across more than 450 locations globally, providing innovative risk management solutions.
Positive
- Quarterly cash dividend increased to $0.1150 per share, a 12.2% rise.
- Represents the twenty-ninth consecutive annual dividend increase.
Negative
- None.
Details
News Market Reaction – BRO
The recorded move for BRO in the trading session of this news was +1.19%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
DAYTONA BEACH, Fla., Oct. 18, 2022 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces that the board of directors has declared a regular quarterly cash dividend of
About Brown & Brown, Inc.
Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With more than 14,500 teammates in 450+ locations worldwide, we are committed to providing innovative strategies to help protect what our customers value most. For more information or to find an office near you, please visit bbinsurance.com.
For more information:
R. Andrew Watts
Chief Financial Officer
(386) 239-5770
FAQ
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