Brown & Brown Inc.’s Board of Directors on Wednesday declared a regular quarterly dividend.
The dividend will total 13 cents per share.
The cash dividend will be payable Aug. 14 to shareholders of record Aug. 7.
Brown & Brown has about 285.25 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 $148.3 million.
