BRO Brown & Brown dividend history, payout ratio & dates
Brown & Brown's latest dividend was on Nov 6, 2024 (ex-date) with a payout of $0.15 per share. On an annualized basis, the company has a current payout of $0.54 per share. This brings the dividend yield to 0.52% based on its recent close price. The latest dividend has an increase of $0.02, or 15% from the prior distribution.
Key dates
- BRO last dividend date: Nov 6, 2024
BRO dividend stats
vs. Financial Services sector
Dividend yield
BRO has a dividend yield of 0.52% which is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.77%, Brown & Brown's dividend yield is 81% lower. The historical 5-year average of BRO's dividend yield is 0.7%, which is more than the current one.
Dividend history
Brown & Brown has been paying dividends since 2000. BRO has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 14% since twelve months ago. But with the price of the stock up by 46% from a year ago, the dividend yield has a decrease of 23%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 6, 2024 | $0.15 | 0.49% |
| Aug 7, 2024 | $0.13 | 0.53% |
| May 3, 2024 | $0.13 | 0.6% |
| Feb 1, 2024 | $0.13 | 0.63% |
| Oct 31, 2023 | $0.13 | 0.68% |
| Aug 8, 2023 | $0.115 | 0.65% |
| May 5, 2023 | $0.115 | 0.69% |
| Feb 2, 2023 | $0.115 | 0.74% |
| Nov 1, 2022 | $0.115 | 0.72% |
| Aug 9, 2022 | $0.103 | 0.63% |
| May 6, 2022 | $0.103 | 0.69% |
| Feb 3, 2022 | $0.103 | 0.59% |
| Nov 2, 2021 | $0.103 | 0.61% |
| Aug 10, 2021 | $0.093 | 0.67% |
| May 7, 2021 | $0.093 | 0.68% |
| Feb 4, 2021 | $0.093 | 0.81% |
| Nov 3, 2020 | $0.093 | 0.78% |
| Aug 4, 2020 | $0.085 | 0.75% |
| May 8, 2020 | $0.085 | 0.89% |
| Feb 4, 2020 | $0.085 | 0.71% |
| Nov 7, 2019 | $0.085 | 0.86% |
| Aug 6, 2019 | $0.08 | 0.89% |
| May 7, 2019 | $0.08 | 0.98% |
| Feb 5, 2019 | $0.08 | 1.11% |
| Oct 25, 2018 | $0.08 | 1.09% |
| Aug 7, 2018 | $0.075 | 1.01% |
| May 8, 2018 | $0.075 | 1.07% |
| Feb 1, 2018 | $0.075 | 1.07% |
| Oct 26, 2017 | $0.075 | 1.12% |
| Aug 7, 2017 | $0.068 | 1.23% |
| May 4, 2017 | $0.068 | 1.23% |
| Feb 1, 2017 | $0.068 | 1.23% |
| Oct 26, 2016 | $0.068 | 1.37% |
| Aug 5, 2016 | $0.061 | 1.33% |
| May 5, 2016 | $0.061 | 1.36% |
| Feb 1, 2016 | $0.061 | 1.53% |
| Nov 2, 2015 | $0.061 | 1.4% |
| Aug 5, 2015 | $0.055 | 1.31% |
| Apr 30, 2015 | $0.055 | 1.35% |
| Feb 2, 2015 | $0.055 | 1.33% |
Brown & Brown dividend payout ratio
Payout ratio
BRO has a payout ratio of 14.6% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 44.2%, Brown & Brown's payout ratio is 67% lower.
Total amount of dividends paid per financial year (from cash flow)
BRO dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MMC Marsh & Mclennan Companies Inc | 1.44% | $3.05 | 37.3% |
| AJG Arthur J Gallagher & Co | 0.85% | $2.4 | 44.7% |
| AON Aon plc | 0.74% | $2.64 | 22.1% |
| BRO Brown & Brown Inc | 0.52% | $0.54 | 14.6% |
Frequently asked questions
Does Brown & Brown pay a dividend?
Yes, Brown & Brown has been paying dividends for the last 24 years.
When was BRO's last dividend?
Brown & Brown's last regular dividend was on Nov 6, 2024 (ex-date) with the amount of $0.15 per share.
How much dividend does Brown & Brown pay (per share)?
On an annual basis BRO pays $0.54 per share.
What is Brown & Brown's dividend yield?
The current dividend yield of Brown & Brown is 0.52%.
How often does Brown & Brown pay dividends?
Brown & Brown has a quarterly dividend frequency.
What is Brown & Brown's dividend payout ratio?
The dividend payout ratio of Brown & Brown is 14.6%.
Does Brown & Brown pay a good dividend?
Brown & Brown's dividend yield is less than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.