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Brown & Brown, Inc. Announces Quarterly Cash Dividend

Brown & Brown, Inc. (NYSE: BRO) has declared a regular quarterly cash dividend of $0.1150 per share, payable on February 15, 2023, to shareholders of record on February 3, 2023.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

Brown & Brown, Inc. (NYSE: BRO) has declared a regular quarterly cash dividend of $0.1150 per share, payable on February 15, 2023, to shareholders of record on February 3, 2023. This decision reflects the company's commitment to returning value to its shareholders. Established in 1939, Brown & Brown is a leading insurance brokerage firm operating over 450 locations globally and employing more than 14,500 teammates. The firm specializes in risk management solutions tailored for both individuals and businesses.

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Positive

  • Quarterly cash dividend of $0.1150 per share demonstrates commitment to shareholder returns.
  • Strong presence with over 450 locations and 14,500 employees indicates solid operational capacity.

Negative

  • None.
Argus Session date unavailable
-0.63% session move Open Argus
Details

News Market Reaction – BRO

The recorded move for BRO in the trading session of this news was -0.63%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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DAYTONA BEACH, Fla., Jan. 18, 2023 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces that the board of directors has declared a regular quarterly cash dividend of $0.1150 per share. The dividend is payable on February 15, 2023, to shareholders of record on February 3, 2023.

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Brown & Brown, Inc.?

Brown & Brown, Inc. declared a quarterly cash dividend of $0.1150 per share.

When is the dividend payable for the declared amount?

The dividend is payable on February 15, 2023.

What is the record date for the dividend payment?

The record date for the dividend payment is February 3, 2023.

How long has Brown & Brown, Inc. been in operation?

Brown & Brown, Inc. has been in operation since 1939.

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