Brown & Brown, Inc. announces 12.2% increase in quarterly cash dividend rate

DAYTONA BEACH, Fla., Oct. 18, 2022 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces that the board of directors has declared a regular quarterly cash dividend of $0.1150 per share. The dividend is payable on November 16, 2022, to shareholders of record on November 2, 2022. The dividend represents a 12.2% increase from the previous regular quarterly cash dividend of $0.1025 per share and is the twenty-ninth consecutive annual dividend increase for the Company.

About Brown & Brown, Inc.

Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With more than 14,500 teammates in 450+ locations worldwide, we are committed to providing innovative strategies to help protect what our customers value most. For more information or to find an office near you, please visit bbinsurance.com.

For more information:

R. Andrew WattsChief Financial Officer
(386) 239-5770

Source: Brown & Brown, Inc.