Brown & Brown, Inc. (BRO) said Wednesday that its Board of Directors has voted to increase the quarterly cash dividend rate to $0.0775 per share, a 3.3% increase from the current rate of $0.075 per share, with the first payment at the new dividend rate to be made on November 18 to shareholders of record on November 4. This is the sixteenth consecutive year of dividend growth for the company.
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