Brown & Brown (Brown & Brown) Dividend Payout Ratio : 0.11 (As of Mar. 2024)

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What is Brown & Brown Dividend Payout Ratio?

Brown & Brown's dividend payout ratio for the months ended in Mar. 2024 was 0.11.

The historical rank and industry rank for Brown & Brown's Dividend Payout Ratio or its related term are showing as below:

BRO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.22 Max: 0.27
Current: 0.17

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.

BRO's Dividend Payout Ratio is ranked better than
80.97% of 289 companies
in the Insurance industry
Industry Median: 0.37 vs BRO: 0.17

As of today (2024-04-24), the Dividend Yield % of Brown & Brown is 0.59%.

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

Brown & Brown's Dividends per Share for the months ended in Mar. 2024 was $0.13.

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.

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.

The growth rate is calculated with least square regression.

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

Brown & Brown Dividend Payout Ratio Historical Data

The historical data trend for Brown & Brown's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Brown & Brown Dividend Payout Ratio Chart

Brown & Brown Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.24

0.21

0.18

0.19

0.17

Brown & Brown Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.15	0.17	0.16	0.22	0.11

Competitive Comparison of Brown & Brown's Dividend Payout Ratio

For the Insurance Brokers subindustry, Brown & Brown's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Brown & Brown's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Brown & Brown's Dividend Payout Ratio falls into.

Brown & Brown Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.475	/	2.81
	=	0.17

Brown & Brown's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.13	/	1.14
	=	0.11

Brown & Brown (NYSE:BRO) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Brown & Brown Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Brown & Brown's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Brown & Brown (Brown & Brown) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Brown & Brown Inc (NYSE:BRO) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

BRO:Mexico BTW:Germany BTW:Germany

Address

300 North Beach Stree, Daytona Beach, FL, USA, 32114

Website

https://www.bbinsurance.com

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