Brown & Brown Raises Quarterly Cash Dividend By 15% From $0.13 To $0.15 Per Share
Portfolio Pulse from Benzinga Newsdesk
Brown & Brown has announced a 15% increase in its quarterly cash dividend, raising it from $0.13 to $0.15 per share. The dividend will be payable on November 13, 2024, to shareholders of record on November 6, 2024.
October 23, 2024 | 9:02 pm
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Brown & Brown has increased its quarterly dividend by 15%, signaling strong financial health and a commitment to returning value to shareholders. This move may attract income-focused investors.
The increase in dividend suggests that Brown & Brown is performing well financially and is confident in its future cash flows. This is likely to be viewed positively by investors, particularly those focused on income, potentially driving the stock price up in the short term.
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