Brown & Brown Inc. increases Q4 dividend by 15% to $0.15/share, marking their 31st consecutive annual rise.

Brown & Brown, Inc. (NYSE: BRO) has declared a quarterly dividend of $0.15 per share, payable on November 13, 2024, to shareholders of record on November 6, reflecting a 15% increase and the company's 31st consecutive annual rise. The annualized dividend yields 0.57% with a payout ratio of 12.9%. The company reported earnings of $0.93 per share, exceeding estimates. Its stock rose to $106.02, with a 52-week range of $67.06 to $107.67.

October 23, 2024
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