Brown & Brown, Inc.’s Board of Directors declared a regular quarterly cash dividend of 11.5 cents per share.
The dividend is payable Feb. 15 to shareholders of record Feb. 3, 2023.
The insurance company had 283.22 million shares outstanding Thursday, according to Bloomberg. The dividend cost to the company for those shares will total $32.568 million.
Brown & Brown increased its dividend in October, the 29th consecutive year the company increased its annual dividend.
