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Brown & Brown (Brown & Brown) 3-Year Dividend Growth Rate

: 10.90% (As of Dec. 2023)
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Brown & Brown's Dividends per Share for the three months ended in Dec. 2023 was $0.13.

The historical rank and industry rank for Brown & Brown's 3-Year Dividend Growth Rate or its related term are showing as below:

BRO' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 4.5   Med: 10.5   Max: 22.2
Current: 10.9

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Brown & Brown was 22.20% per year. The lowest was 4.50% per year. And the median was 10.50% per year.

BRO's 3-Year Dividend Growth Rate is ranked better than
69.04% of 239 companies
in the Insurance industry
Industry Median: 6.3 vs BRO: 10.90

During the past 12 months, Brown & Brown's average Dividends Per Share Growth Rate was 12.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Brown & Brown's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.22. As of today, Brown & Brown's Dividend Yield % is 0.60%.

Warning Sign:

Brown & Brown Inc stock dividend yield is close to 10-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Insurance Brokers subindustry, Brown & Brown's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Brown & Brown 3-Year Dividend Growth Rate Distribution

For the Insurance industry and Financial Services sector, Brown & Brown's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Brown & Brown's 3-Year Dividend Growth Rate falls into.



Brown & Brown 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Brown & Brown  (NYSE:BRO) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Brown & Brown's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.13/ 0.58
=0.22

During the past 13 years, the highest Dividend Payout Ratio of Brown & Brown was 0.27. The lowest was 0.17. And the median was 0.22.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Brown & Brown Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1302024-02-012024-02-022024-02-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.1302023-10-312023-11-012023-11-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1152023-08-082023-08-092023-08-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.1152023-05-052023-05-082023-05-17Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Brown & Brown's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.49/82.17
=0.60 %

Current Share Price is $82.17.
Brown & Brown's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.49.

During the past 13 years, the highest Dividend Yield of Brown & Brown was 1.54%. The lowest was 0.54%. And the median was 1.03%.

Warning Sign:

Brown & Brown Inc stock dividend yield is close to 10-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Brown & Brown 3-Year Dividend Growth Rate Related Terms>


Brown & Brown (Brown & Brown) Business Description

Traded in Other Exchanges
Address
300 North Beach Stree, Daytona Beach, FL, USA, 32114
Brown & Brown Inc is an insurance agent and broker that offers insurance products and services, primarily in the areas of property, casualty, and employee benefits, by connecting customers with insurance companies. It earns its revenue via commissions from insurance companies and direct fees from customers, and it generally has no underwriting risk exposure. More than half of its revenue is from its retail segment, which provides a broad range of insurance products and services to entities and individuals. Roughly a fourth of revenue is from its national programs segment, which provides, among other things, professional liability coverage for professionals. The company operates primarily in the United States, with its highest exposure in Florida.
Executives
Stephen M Boyd officer: EVP/ Pres Wholesale Brokerage 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Bronislaw Edmund Masojada director POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Paul J Krump director C/O CHUBB & SON, 15 MOUNTAIN VIEW RD P O BOX161, WARREN NJ 07061-1615
Proctor H Palmer Jr director
James Charles Hays director 100 S. POINTE DRIVE, UNIT 2605, MIAMI BEACH FL 33139
Gellerstedt Lawrence L Iii director 3344 PEACHTREE ROAD, SUITE 1800, ATLANTA GA 30326
Jaymin B Patel director C/O GTECH HOLDINGS CORPORATION, 55 TECHNOLOGY WAY, WEST GREENWICH RI 02817
Robert W Lloyd officer: VP & Chief Litigation Officer 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Hugh M Brown director 3740 RANEY DRIVE, TITUSVILLE FL 32780
Nester Kenneth Gray Ii officer: EVP/Chief Information Officer 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Julie Turpin officer: EVP/Chief People Officer 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Chris L Walker officer: Regional Executive VP 220 S RIDGEWOOD AVE, DAYTONA BEACH FL 32114-4318
R. Andrew Watts officer: EVP, CFO and Treasurer 220 S. RIDGEWOOD AVE., DAYTONA BEACH FL 32114
P Barrett Brown officer: EVP and Pres.- Retail Segment 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Jerome Scott Penny officer: Regional Executive VP 300 N. BEACH STREET, DAYTONA BEACH FL 32114

Brown & Brown (Brown & Brown) Headlines

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