B&B Declares Dividend

NU Online News Service, July 24, 4:11 p.m. EST?Insurance broker Brown & Brown, Inc. announced that its board of directors has declared a quarterly cash dividend of 4.75 cents per share. The dividend is to be paid on Aug. 21to shareholders of record as of Aug. 7.

In its second quarter report this year, the Daytona Beach, Fla.?based firm reported a 72 percent increase in its net income compared to the same three-month period last year ending June 30.

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