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BRP Group, Inc. markets and sells insurance products and services in the United States. The company operates through four segments: Middle Market, Specialty, MainStreet, and Medicare. The Middle Market segment provides commercial risk management, employee benefits solutions, and private risk management for mid-to-large size businesses and high net worth individuals, as well as its families. The Specialty segment delivers specialty insurers, professionals, individuals, and industry businesses the access to specialty markets, as well as capabilities and programs requiring underwriting and placement. This segment also operates as a managing general agent of the Future platform, which delivers proprietary, technology-enabled insurance solutions. The MainStreet segment offers personal insurance, commercial insurance, and life and health solutions to individuals and businesses in its communities. The Medicare segment provides consultation for government assistance programs and solutions, including Medicare and Medicare Advantage to seniors and Medicare-eligible individuals through a network of primarily independent contractor agents. The company was founded in 2011 and is headquartered in Tampa, Florida.

BRP Group Dividend Announcement

• BRP Group announced a annually dividend of $0.50 per ordinary share which will be made payable on 2009-08-17. Ex dividend date: 2008-12-30
• BRP Group's trailing twelve-month (TTM) dividend yield is -%
• BRP Group's payout ratio for the trailing twelve months (TTM) is -0.45%

BRP Group Dividend History

Ex-Div dateDividend amountDividend typePay date
2008-12-30$0.50annually2009-08-17

BRP Group Dividend per year

BRP Group Dividend Yield

BRP Group current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing BRP Group stock? Use our calculator to estimate your expected dividend yield:

BRP Group Financial Ratios

P/E ratio-37.12
PEG ratio-0.37
P/B ratio3.38
ROE-9.27%
Payout ratio-0.45%
Current ratio0.90
Quick ratio0.79
Cash Ratio0.11

BRP Group Dividend FAQ

Does BRP Group stock pay dividends?
BRP Group does not currently pay dividends to its shareholders.
Has BRP Group ever paid a dividend?
No, BRP Group has no a history of paying dividends to its shareholders. BRP Group is not known for its dividend payments.
Why doesn't BRP Group pay dividends?
There are several potential reasons why BRP Group would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will BRP Group ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While BRP Group has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is BRP Group a dividend aristocrat?
BRP Group is not considered a Dividend Aristocrat. 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 BRP Group a dividend king?
BRP Group is not classified as a "Dividend King". 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 BRP Group a dividend stock?
No, BRP Group is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy BRP Group stocks?
To buy BRP Group 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy BRP Group 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.