Brown & Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment offers property and casualty, employee benefits insurance products, personal insurance products, specialties insurance products, loss control survey and analysis, consultancy, and claims processing services. It serves commercial, public and quasi-public entities, professional, and individual customers. The National Programs segment offers professional liability and related package insurance products for dentistry, legal, eyecare, insurance, financial, physicians, real estate title professionals, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liabilities. This segment also offers outsourced product development, marketing, underwriting, actuarial, compliance, and claims and other administrative services to insurance carrier partners; and commercial and public entity-related programs, and flood insurance products. It serves through independent agents. The Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance through independent agents and brokers. The Services segment offers third-party claims administration and medical utilization management services in the workers' compensation and all-lines liability arenas, Medicare Set-aside, Social Security disability, Medicare benefits advocacy, and claims adjusting services. The company was founded in 1939 and is headquartered in Daytona Beach, Florida.
Brown & Brown Dividend Announcement
• Brown & Brown announced a quarterly dividend of $0.15 per ordinary share which will be made payable on 2024-11-13. Ex dividend date: 2024-11-06
• Brown & Brown annual dividend for 2024 was $0.54
• Brown & Brown annual dividend for 2023 was $0.47
• Brown & Brown's trailing twelve-month (TTM) dividend yield is 0.62%
• Brown & Brown's payout ratio for the trailing twelve months (TTM) is 14.07%
• Brown & Brown's dividend growth over the last five years (2018-2023) was 4.56% year
• Brown & Brown's dividend growth over the last ten years (2013-2023) was 2.53% year
Brown & Brown Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-06 | $0.15 | quarterly | 2024-11-13 |
| 2024-08-07 | $0.13 | quarterly | 2024-08-14 |
| 2024-05-03 | $0.13 | quarterly | 2024-05-15 |
| 2024-02-01 | $0.13 | quarterly | 2024-02-14 |
| 2023-10-31 | $0.13 | quarterly | 2023-11-15 |
| 2023-08-08 | $0.12 | quarterly | 2023-08-16 |
| 2023-05-05 | $0.12 | quarterly | 2023-05-17 |
| 2023-02-02 | $0.12 | quarterly | 2023-02-15 |
| 2022-11-01 | $0.12 | quarterly | 2022-11-16 |
| 2022-08-09 | $0.10 | quarterly | 2022-08-17 |
| 2022-05-06 | $0.10 | quarterly | 2022-05-18 |
| 2022-02-03 | $0.10 | quarterly | 2022-02-16 |
| 2021-11-02 | $0.10 | quarterly | 2021-11-17 |
| 2021-08-10 | $0.09 | quarterly | 2021-08-18 |
| 2021-05-07 | $0.09 | quarterly | 2021-05-19 |
| 2021-02-04 | $0.09 | quarterly | 2021-02-17 |
| 2020-11-03 | $0.09 | quarterly | 2020-11-18 |
| 2020-08-04 | $0.09 | quarterly | 2020-08-12 |
| 2020-05-08 | $0.09 | quarterly | 2020-05-20 |
| 2020-02-04 | $0.09 | quarterly | 2020-02-19 |
| 2019-11-07 | $0.09 | quarterly | 2019-11-20 |
| 2019-08-06 | $0.08 | quarterly | 2019-08-14 |
| 2019-05-07 | $0.08 | quarterly | 2019-05-17 |
| 2019-02-05 | $0.08 | quarterly | 2019-02-20 |
| 2018-10-25 | $0.08 | quarterly | 2018-11-07 |
| 2018-08-07 | $0.07 | quarterly | 2018-08-15 |
| 2018-05-08 | $0.07 | quarterly | 2018-05-18 |
| 2018-02-01 | $0.15 | quarterly | 2018-02-14 |
| 2017-10-26 | $0.15 | quarterly | 2017-11-08 |
| 2017-08-07 | $0.14 | quarterly | 2017-08-16 |
| 2017-05-04 | $0.14 | quarterly | 2017-05-17 |
| 2017-02-01 | $0.14 | quarterly | 2017-02-15 |
| 2016-10-26 | $0.14 | quarterly | 2016-11-09 |
| 2016-08-05 | $0.12 | quarterly | 2016-08-17 |
| 2016-05-05 | $0.12 | quarterly | 2016-05-18 |
| 2016-02-01 | $0.12 | quarterly | 2016-02-17 |
| 2015-11-02 | $0.12 | quarterly | 2015-11-12 |
| 2015-08-05 | $0.11 | quarterly | 2015-08-12 |
| 2015-04-30 | $0.11 | quarterly | 2015-05-13 |
| 2015-02-02 | $0.11 | quarterly | 2015-02-18 |
| 2014-10-29 | $0.11 | quarterly | 2014-11-12 |
| 2014-08-06 | $0.10 | quarterly | 2014-08-13 |
| 2014-05-02 | $0.10 | quarterly | 2014-05-14 |
| 2014-02-03 | $0.10 | quarterly | 2014-02-19 |
| 2013-10-28 | $0.10 | quarterly | 2013-11-13 |
| 2013-08-05 | $0.09 | quarterly | 2013-08-14 |
| 2013-04-29 | $0.09 | quarterly | 2013-05-15 |
| 2013-01-28 | $0.09 | quarterly | 2013-02-13 |
Brown & Brown Dividend per year
Brown & Brown Dividend growth
Brown & Brown Dividend Yield
Brown & Brown current trailing twelve-month (TTM) dividend yield is 0.62%. Interested in purchasing Brown & Brown stock? Use our calculator to estimate your expected dividend yield:
Brown & Brown Financial Ratios
P/E ratio29.98
PEG ratio13.79
P/B ratio4.88
ROE17.65%
Payout ratio14.07%
Current ratio1.15
Quick ratio1.15
Cash Ratio0.15
Brown & Brown Dividend FAQ
How much is the next Brown & Brown dividend?
Brown & Brown's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Brown & Brown dividend. The next Brown & Brown dividend will be released in February, May, August, or October.
When is Brown & Brown dividend paid?
Brown & Brown pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Brown & Brown pay?
The specific amount of Brown & Brown dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Brown & Brown's dividend history.
Does Brown & Brown stock pay dividends?
Yes, Brown & Brown does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Brown & Brown's dividend history.
How much dividend does Brown & Brown pay?
Brown & Brown paid $0.54 in 2024, $0.475 in 2023, $0.422 in 2022, $0.38 in 2021, and $0.348 in 2020.
How often does Brown & Brown pay dividends?
Brown & Brown typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and October.
What is Brown & Brown's dividend yield?
The current dividend yield for Brown & Brown is 0.62%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Brown & Brown's exact dividend yield.
When does Brown & Brown go ex dividend?
Brown & Brown's ex-dividend date for the latest dividend was on 2024-11-06. Brown & Brown typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Brown & Brown dividend paid?
Brown & Brown pays dividends on a quarterly basis, typically around February, May, August, or October, but the exact dates can vary each year.
Will Brown & Brown increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Brown & Brown will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Brown & Brown dividend per share?
Brown & Brown paid $0.54 per share in 2024 and $0.475 per share in 2023. The amount of dividend per share that Brown & Brown pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Brown & Brown a dividend aristocrat?
Yes, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Brown & Brown a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Brown & Brown a dividend stock?
Yes, Brown & Brown is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Brown & Brown a good dividend stock?
Whether Brown & Brown is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Brown & Brown has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Brown & Brown as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Brown & Brown as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Brown & Brown pay dividends monthly?
Brown & Brown typically pays dividends on a quarterly basis.
Does Brown & Brown pay dividends quarterly?
Brown & Brown currently pays dividends on a quarterly basis.
Has Brown & Brown ever paid a dividend?
Yes, Brown & Brown has a history of paying dividends to its shareholders. Brown & Brown is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Brown & Brown dividend stocks?
To buy Brown & Brown you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Brown & Brown stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Brown & Brown stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Brown & Brown pay dividends 2024?
Brown & Brown pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-13. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Brown & Brown increase its dividend in 2024?
Decisions regarding Brown & Brown dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Brown & Brown dividend overview you can look into the above table of dividend history.
How Brown & Brown dividend works?
The Brown & Brown dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Brown & Brown's dividend process works:
1. Determination of Dividend: Brown & Brown's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Brown & Brown publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Brown & Brown distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Brown & Brown are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Brown & Brown's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Brown & Brown publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Brown & Brown distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Brown & Brown are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Brown & Brown dividends paid?
Brown & Brown dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Brown & Brown sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Brown & Brown distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Brown & Brown declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Brown & Brown sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Brown & Brown distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Brown & Brown declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Brown & Brown pay dividends?
Brown & Brown typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Brown & Brown pay dividends?
The general pattern is that Brown & Brown pays dividends around February, May, August, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Brown & Brown dividend safe?
The safety of Brown & Brown's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Brown & Brown's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Brown & Brown's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Brown & Brown's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Brown & Brown's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.