Brown & Brown increases dividend by 10.2 percent in 2016 Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Brown & Brown As of October 10, 2023	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Brown & Brown As of October 10, 2023	BRO	$0.46	0.0%	12.2%	10.8%
Insurance Brokerage	0.6%	29	8.9%	Quarter	N/A

Brown & Brown hikes dividend by 10.2%

Wednesday 12 October 2016

Brown & Brown (BRO) will raise its quarterly dividend by 10.2 percent to $0.135 per share in the fourth quarter of 2016. This is the twenty-third consecutive annual dividend increase for the insurance services company.

The next dividend is payable on November 9, 2016 to shareholders of record on October 28, 2016. The ex-date for this increased dividend of 13.5 cents per share is October 26, 2016.

Based on Wednesday's closing price of $37.61 Brown & Brown has a 1.4% estimated dividend yield.

Brown & Brown, Inc. is an insurance brokerage firm, providing risk management solutions to individuals and businesses. The company markets and sells insurance products and services, in the property, casualty and employee benefits areas. BRO operates through four segments: Retail, National Programs, Wholesale Brokerage and Services.

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