Business News • MarketWire • Brown & Brown, Inc. Announces Seventeenth Consecutive Increase in Its Quarterly Cash Dividend |
Brown & Brown, Inc. Announces Seventeenth Consecutive Increase in Its Quarterly Cash Dividend |
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Brown & Brown, Inc. Announces Seventeenth Consecutive Increase in Its Quarterly Cash Dividend
DAYTONA BEACH, FL and TAMPA, FL--(Marketwire - October 20, 2010) - Brown & Brown, Inc. (NYSE: BRO) today announced that the Board of Directors at its regularly scheduled meeting on October 20, 2010, voted to increase the quarterly cash dividend rate to $0.08 per share, a 3.23% increase from the current rate of $0.0775 per share, with the first payment at the new dividend rate to be made on November 17, 2010, to shareholders of record on November 3, 2010. This is the seventeenth consecutive year of dividend growth for the Company.
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