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Brown & Brown, Inc. announces 12.2% increase in quarterly cash dividend rate

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Brown & Brown, Inc. (NYSE: BRO) has declared a quarterly cash dividend of $0.1150 per share, payable on November 16, 2022, to shareholders of record as of November 2, 2022. This marks a 12.2% increase from the prior dividend of $0.1025 and represents the twenty-ninth consecutive annual dividend increase. Established in 1939, Brown & Brown is a prominent insurance brokerage firm with over 14,500 employees across more than 450 locations globally, providing innovative risk management solutions.

Positive
  • Quarterly cash dividend increased to $0.1150 per share, a 12.2% rise.
  • Represents the twenty-ninth consecutive annual dividend increase.
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  • None.

DAYTONA BEACH, Fla., Oct. 18, 2022 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces that the board of directors has declared a regular quarterly cash dividend of $0.1150 per share. The dividend is payable on November 16, 2022, to shareholders of record on November 2, 2022. The dividend represents a 12.2% increase from the previous regular quarterly cash dividend of $0.1025 per share and is the twenty-ninth consecutive annual dividend increase for the Company.

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 more than 14,500 teammates in 450+ locations worldwide, 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.

For more information:

R. Andrew Watts
Chief Financial Officer
(386) 239-5770


FAQ

When will the dividend for BRO be paid?

The dividend will be paid on November 16, 2022.

What is the new dividend amount for BRO?

The new dividend amount is $0.1150 per share.

How much was the previous dividend for BRO?

The previous dividend was $0.1025 per share.

What date is the record for the new BRO dividend?

The record date for the new dividend is November 2, 2022.

Brown & Brown, Inc.

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