Categories: OpinionSubscriber Only

Brown & Brown Insurance to pay dividend of 8 cents in mid-August

Brown & Brown, Inc. (NYSE:BRO), the Florida–based parent of Syracuse–based Brown & Brown Empire State, recently announced that its board of directors has declared a regular quarterly cash dividend of 8 cents a share. The dividend is payable on Aug. 14 to shareholders of record on Aug. 7, the insurance agency said in a news […]

Already an Subcriber? Log in

Get Instant Access to This Article

Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.

Learn More and Become a Subscriber

The dividend is payable on Aug. 14 to shareholders of record on Aug. 7, the insurance agency said in a news release.

Brown & Brown, through its subsidiaries, offers a broad range of insurance products and related services. The firm, which makes a lot of acquisitions of insurance agencies, generated revenue of $1.19 billion in the first six months of 2019, up almost 23 percent from the same period of 2018.

Brown & Brown Empire State is headquartered at 500 Plum St. in Syracuse’s Franklin Square area. It also has offices in Vestal, Rome, and Clifton Park, according to the firm’s website.

Journal Staff