B & B Declares Dividend

NU Online News Service, April 25, 3:35 p.m. EST?Daytona Beach, Fla.? based insurance broker Brown & Brown, Inc. announced today that its board of directors declared a regular quarterly dividend of 4.75 cents per share.

The dividend is payable on May 23, to shareholders of record as of May 9.

The firm reported last week a 57 percent increase in net income for its first quarter in 2002 over the same period last year and a 55 percent increase in per share earning to 31 cents per share.

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