Brown & Brown, Inc. Announces Quarterly Cash Dividend
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.
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.
News Market Reaction – BRO
In the trading session that priced this news, BRO declined 0.63%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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
