Brown & Brown, Inc. Announces Quarterly Cash Dividend
Rhea-AI Summary
Brown & Brown, Inc. (NYSE:BRO) announced a quarterly cash dividend of $0.0925 per share, payable on August 18, 2021, to shareholders of record on August 11, 2021. Established in 1939, Brown & Brown is a leading insurance brokerage firm with over 11,000 employees across more than 300 locations in the U.S. and select global markets. The firm is committed to delivering innovative risk management solutions aimed at protecting customers' valuable assets.
Positive
- Declaration of a quarterly cash dividend of $0.0925 per share demonstrates financial health.
- Company's long-standing history since 1939 indicates stability and reliability.
- Presence of over 11,000 employees in more than 300 locations shows significant operational scale.
Negative
- None.
News Market Reaction – BRO
In the trading session that priced this news, BRO gained 0.56%, reflecting a mild positive 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., July 21, 2021 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) today announced that the Board of Directors has declared a regular quarterly cash dividend of
Brown & Brown, Inc. is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With over 11,000 teammates in more than 300 locations across the U.S. and select global markets, 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.
R. Andrew Watts
Chief Financial Officer
(386) 239-5770