Brown & Brown As of November 12, 2021 ticker dps (an.) 2021 hike 2020 hike 2019 hike
BRO $0.41 10.8% 8.8% 6.2%
Business yield Hike yrs 5 yr CAGR freq. paid since
Insurance Brokerage 0.6% 28 8.7% Quarter N/A
Brown & Brown hikes dividend by 10.8%

Insurance broker Brown & Brown, Inc. (BRO) will raise its quarterly dividend by 10.8 percent to 10.25 cents per share in 2021. This follows a dividend hike of 8.8 percent to 9.25 cents per share in 2020. Dividend hike star Brown & Brown has now raised its dividend 28 consecutive years.

The dividend from BRO is payable on November 17, 2021, to shareholders of record on November 3, 2021. The new annual dividend rate of 41 cents per share yields 0.6% at a stock price of $66.

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.  The Retail segment provides a range of insurance products and services to commercial, public, and quasi-public entities. The National Programs segment provides professional liability and related package products for certain professionals, a range of insurance products for individuals, flood coverage, and targeted products and services designated for specific industries. The Wholesale Brokerage segment, markets and sells excess and surplus commercial and personal lines insurance through independent agents and brokers. The Services segment provides insurance-related services, including third-party claims administration and medical utilization management services.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Dec 06 CTXS 1.7% 5.7%
Dec 06 CI 1.8% 9900.0%
Dec 06 WRB 0.6% 8.3%
Dec 07 AEE 2.6% 6.8%
Dec 07 AME 0.6% 11.1%
Dec 08 KIM 2.9% 6.3%
Dec 08 NEM 3.7% 37.5%
Dec 09 BDX 1.4% 4.8%
Dec 09 ADP 1.8% 11.8%
Dec 09 NTRS 2.2% 0.0%