Brown & Brown, Inc. Announces Quarterly Cash Dividend

Rhea-AI Summary

Brown & Brown, Inc. (NYSE: BRO) has declared a quarterly cash dividend of $0.085 per share, scheduled for payment on August 12, 2020. Shareholders must be on record by August 5, 2020 to receive this dividend. Operating for over 80 years, Brown & Brown is a prominent insurance brokerage firm committed to delivering risk management solutions to clients.

Positive

• Declaration of a regular quarterly cash dividend of $0.085 per share.
• Dividends demonstrate company confidence and commitment to returning value to shareholders.

Negative

• None.

DAYTONA BEACH, Fla., July 22, 2020 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) today announced that the Board of Directors has declared a regular quarterly cash dividend of $0.085 per share. The dividend is payable on August 12, 2020 to shareholders of record on August 5, 2020. 

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

FAQ

What is the dividend amount declared by BRO?

Brown & Brown, Inc. has declared a dividend of $0.085 per share.

When is the dividend for BRO payable?

The dividend is payable on August 12, 2020.

What is the record date for the dividend for BRO?

The record date for the dividend is August 5, 2020.

How often does BRO pay dividends?

Brown & Brown generally pays dividends quarterly.

Is the dividend sustainable for BRO?

The sustainability of the dividend can be assessed based on the company's future earnings and cash flow.