Brown & Brown increases dividend by 6.7 percent in 2018 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 6.7%

Wednesday 10 October 2018

Insurance broker Brown & Brown, Inc. (BRO) will raise its quarterly dividend by 6.7 percent to $0.08 per share in the fourth quarter of 2018. This follows double digit dividend hikes by the company in the previous years.

The increased dividend is payable on November 7, 2018 to shareholders of record on October 26, 2018. The ex-date for this next dividend of 8 cents per share is October 25, 2018.

A new annual dividend of 32 cents per share for Brown & Brown yields 1.1% at a stock price of $28.65. The company has now increased its annual dividend for 25 consecutive years.

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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