Brown & Brown, Inc. added to S&P 500 Dividend Aristocrats Index
Brown & Brown, Inc. (NYSE: BRO) has been added to the S&P 500 Dividend Aristocrats Index as of February 1, 2022. This index recognizes companies that have raised dividends for 25 consecutive years, reflecting Brown & Brown's 28-year track record of dividend increases. CEO J. Powell Brown emphasized the company's commitment to delivering results for its stakeholders and praised the dedication of its team. Brown & Brown has been a member of the S&P 500 since September 2021 and continues to be a key player in the insurance brokerage sector.
- Added to the S&P 500 Dividend Aristocrats Index, recognizing 28 years of consecutive dividend increases.
- Strengthens brand reputation and market position as a reliable dividend-paying company.
- None.
DAYTONA BEACH, Fla., Feb. 03, 2022 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces that the S&P Dow Jones Indices has added the company to the S&P 500 Dividend Artistocrats Index before market open on February 1, 2022.
The S&P 500 Dividend Artistocrats are a distinguished group of longtime dividend payers composed of S&P 500 index constituents that have raised their dividend payments for a minimum of 25 consecutive years. Brown & Brown was included in S&P 500 index in September 2021 and has increased its dividend 28 straight years.
“It is an honor to be included in this esteemed group of high-quality companies and be recognized for our ongoing commitment to delivering results for our customers, teammates, shareholders and carrier partners,” stated J. Powell Brown, president and chief executive officer of Brown & Brown. “We have a long-standing history of proven success, strength and stability, as demonstrated by 28 years of dividend growth. We owe our success to the discipline and dedication of our talented team and remain focused on delivering results.”
The S&P 500 index is composed of 500 of the top companies in leading industries of the U.S. economy.
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 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, please visit bbinsurance.com.
This press release may contain certain statements relating to future results which are forward-looking statements. These statements are not historical facts, but instead represent only Brown & Brown’s current belief regarding future events, many of which, by their nature, are inherently uncertain and outside of Brown & Brown’s control. It is possible that Brown & Brown’s actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements. Further information concerning Brown & Brown and its business, including factors that potentially could materially affect Brown & Brown’s financial results and condition, as well as its other achievements, is contained in Brown & Brown’s filings with the Securities and Exchange Commission. All forward-looking statements made herein are made only as of the date of this release, and Brown & Brown does not undertake any obligation to publicly update or correct any forward-looking statements to reflect events or circumstances that subsequently occur or of which Brown & Brown hereafter becomes aware.
For more information:
R. Andrew Watts
Chief financial officer
(386) 239-5770
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