Brown & Brown Inc.’s Board of Directors on Monday declared a regular quarterly dividend.
The dividend will total 13 cents per share.
The cash dividend will be payable May 15 to shareholders of record May 6.
Brown & Brown has about 285.34 million shares outstanding, according to Yahoo Finance. The quarterly dividend will return about $37 million to shareholders. For the year, Brown & Brown’s dividend payments would total $148.38 million.
