Brown & Brown, Inc.’s board of directors declared a regular quarterly cash dividend.
The dividend will be 11.5 cents per share. The dividend is payable Aug. 16 to shareholders of record Aug. 9.
The company has about 283.64 million shares outstanding, according to Yahoo Finance. The quarterly dividend will return about $32.6 million to shareholders.
Brown & Brown has over 15,000 employees in over 500 locations worldwide.