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Brown & Brown (BRO) Raises Qtr. Dividend by 3.3% to $0.0775, Yielding 1.63%

October 21, 2009 2:30 PM EDT
Brown & Brown, Inc. (NYSE: BRO) today announced that the Board approved a 3.3% increase in its quarterly dividend rate from $0.075 to $0.0775 per common share, payable on November 18, 2009, to shareholders of record on November 4, 2009.

The ex-dividend date is November 2.

The dividend yield moves from 1.58% to 1.63%.

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