Brown & Brown (BRO) Raises Quarterly Dividend 11.4% to $0.1225; 1.6% Yield
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Brown & Brown, Inc. Announces Quarterly Revenues of $432.2 Million, an Increase of 2.6%; Earnings per Share of $0.47; and an 11.4% Increase in the Quarterly Dividend Rate to $0.1225 per Share
October 19, 2015 5:11 PM EDTDAYTONA BEACH, FL -- (Marketwired) -- 10/19/15 -- Brown & Brown, Inc. (NYSE: BRO) (the "Company") today announced its unaudited financial results for the third quarter of 2015.
Revenues for the third quarter of 2015 under U.S. generally accepted accounting principles ("GAAP") were $432.2 million, increasing $10.9 million, or 2.6%, as compared to the third quarter of the prior year, with Organic Revenue (as defined below) increasing by 2.4%. Diluted earnings per share under GAAP were $0.47.
Revenues for the nine months ended September 30, 2015 under GAAP were $1,255.9 million, increasing $73.2 million, or 6.2%, as compared to the same period of 2014, with Organic Revenue... More
