News Release| Brown & Brown, Inc. Announces Sixteenth Consecutive Annual Increase in Its Quarterly Cash Dividend | | DAYTONA BEACH, FL and TAMPA, FL, Oct 21, 2009 (MARKETWIRE via COMTEX) -- Brown & Brown, Inc. (NYSE: BRO) today announced that the Board of
Directors at its regularly scheduled meeting on October 21, 2009,
voted to increase the quarterly cash dividend rate to $0.0775 per
share, a 3.3% increase from the current rate of $0.075 per share,
with the first payment at the new dividend rate to be made on
November 18, 2009, to shareholders of record on November 4, 2009.
This is the sixteenth consecutive year of dividend growth for the
Company.
Brown & Brown, Inc. and its subsidiaries offer a broad range of
insurance and reinsurance products and services, as well as risk
management, third-party administration, managed health care, and
Medicare set-aside services and programs. Providing service to
business, public entity, individual, trade and professional
association clients nationwide, the Company is ranked by Business
Insurance magazine as the sixth largest independent insurance
intermediary in the United States. The Company's web address is
www.bbinsurance.com.
Contact:
Cory T. Walker
Chief Financial Officer
(386) 239-7250
SOURCE: Brown & Brown, Inc.
|
|