Brown & Brown’s board of directors declared a regular quarterly dividend.
The dividend will total 15 cents a share.
The dividend will be payable Aug. 20 to shareholders of record on Aug. 13.
Brown & Brown has 329.82 million shares outstanding, according to Yahoo Finance.
The quarterly dividend will return $49.5 million to shareholders. At the same pace, Brown & Brown would return nearly $198 million annually to its shareholders.
Brown & Brown has retained its 15-cents-a-share dividend since October 2024. The company then increased the dividend from 13 cents a share, its 31st consecutive annual dividend increase.
