Brown & Brown (BRO) Declares $0.11 Quarterly Dividend; 1.3% Yield

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Go back to Brown & Brown (BRO) Declares $0.11 Quarterly Dividend; 1.3% Yield

Brown & Brown, Inc. Announces Quarterly Revenues of $419.4 Million, an Increase of 5.4%; Earnings per Share of $0.43; Authorization for up to an Additional $400 Million Share Buyback and Quarterly

July 20, 2015 5:29 PM EDT

DAYTONA BEACH, FL -- (Marketwired) -- 07/20/15 -- Brown & Brown, Inc. (NYSE: BRO) (the "Company") today announced its unaudited financial results for the second quarter of 2015.

Revenues for the second quarter of 2015 under U.S. generally accepted accounting principles ("GAAP") were $419.4 million, increasing $21.6 million, or 5.4%, as compared to the second quarter of the prior year, with Organic Revenue (as defined below) increasing by 1.9%. Diluted earnings per share under GAAP were $0.43 compared to $0.42 in the second quarter of the prior year, representing a 2.4% increase.

Revenues for the six months ended June 30, 2015 were $823.7 million, increasing... More