Brown & Brown, Inc. has declared to its board of directors a regular quarterly cash dividend of $0.1150 per share.
The dividend represents a 12.2% increase from the previous regular quarterly cash dividend of $0.1025 per share. The increase is the company’s 29th consecutive annual dividend increase.
With 282.45 million shares outstanding, the increase represents $32.5 million returned to investors.
The dividend is payable Nov. 16 to shareholders of record Nov. 2.
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