STOCK TITAN

Brown & Brown, Inc. Announces 8.8% Increase in Quarterly Cash Dividend Rate

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

Brown & Brown, Inc. (NYSE:BRO) has declared a quarterly cash dividend of $0.0925 per share, marking an 8.8% increase from the previous $0.085 per share. This dividend is payable on November 18, 2020, to shareholders of record as of November 4, 2020. This announcement represents the twenty-seventh consecutive annual dividend increase for the company, highlighting its commitment to returning value to shareholders.

Positive
  • Quarterly cash dividend increased by 8.8% to $0.0925 per share.
  • Twenty-seventh consecutive annual dividend increase, reflecting company growth.
Negative
  • None.

DAYTONA BEACH, Fla., Oct. 20, 2020 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) today announced that the Board of Directors has declared a regular quarterly cash dividend of $0.0925 per share. The dividend is payable on November 18, 2020 to shareholders of record on November 4, 2020. The dividend represents an 8.8% increase from the previous regular quarterly cash dividend of $0.085 per share and is the twenty-seventh consecutive annual dividend increase for the Company.

Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm, providing risk management solutions to individuals and businesses. With more than 80 years of proven success and thousands of teammates, we offer knowledge you can trust and strive to deliver superior customer service. For more information, please visit bbinsurance.com.

R. Andrew Watts
Chief Financial Officer
(386) 239-5770 

Brown & Brown, Inc.

NYSE:BRO

BRO Rankings

BRO Latest News

BRO Stock Data

29.92B
285.26M
16.36%
76.09%
1.31%
Insurance Brokers
Insurance Agents, Brokers & Service
Link
United States of America
DAYTONA BEACH