Brown & Brown, Inc. (NYSE:BRO), the Florida–based parent of Syracuse–based Brown & Brown Empire State, recently paid a regular quarterly cash dividend of 11.5 cents per share for the fourth quarter. The dividend was 12.2 percent higher than Brown & Brown’s prior regular quarterly cash dividend of 10.25 cents a share. It’s the 29th straight annual […]
Brown & Brown, Inc. (NYSE:BRO), the Florida–based parent of Syracuse–based Brown & Brown Empire State, recently paid a regular quarterly cash dividend of 11.5 cents per share for the fourth quarter.
The dividend was 12.2 percent higher than Brown & Brown’s prior regular quarterly cash dividend of 10.25 cents a share. It’s the 29th straight annual dividend increase for the company.
Brown & Brown paid the new, higher dividend on Nov. 16, to shareholders of record on Nov. 2, the insurance agency said in a news release.
Daytona Beach–headquartered Brown & Brown, through its subsidiaries, offers a broad range of insurance products and related services. It has more than 14,500 employees and over 450 offices worldwide. The insurance-brokerage firm makes frequent acquisitions of insurance agencies a key part of its growth strategy.
Brown & Brown Empire State is headquartered at 500 Plum St. in Syracuse’s Franklin Square area. It also has an office at 4104 Vestal Road in Vestal.