BRO stock dividend – Brown & Brown Declares Quarterly Dividend of $0.115 Per Share
January 31, 2023
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BRO stock dividend – Brown & Brown ($NYSE:BRO) Inc. is a leading insurance intermediary that provides a wide range of insurance and reinsurance products and services to corporate, public entity, institutional, trade, professional, association and individual clients. Brown & Brown Inc. recently announced that it has declared a quarterly dividend of $0.115 per share, remaining consistent with the previous quarter.
For more information on the dividend, including the scorecard, yield chart, and dividend growth, please refer to the Seeking Alpha article. Investors interested in learning more about Brown & Brown Inc. can find additional information on the company’s website, including financial information and corporate governance.
Dividends – BRO stock dividend
This is a continuation of the company’s three-year dividend policy, which has seen annual dividends per share of 0.41, 0.38 and 0.35 USD in the last three years. The dividend yields from 2020 to 2022 are estimated to be 0.64%, 0.71% and 0.83% respectively, with an average dividend yield of 0.73%. This dividend is intended to reward shareholders who have held company stock for the past three years, with the steady increase in dividends indicating the company’s commitment to shareholders. This is the latest in a series of dividends that Brown & Brown Inc. has issued in recent years, demonstrating their commitment to rewarding shareholders with a steady income stream.
For those investors who are looking for a steady return on their investment, the dividend payment from Brown & Brown Inc. could be an attractive option. With a steady dividend yield of 0.73%, investors can count on a steady return on their investments over the next three years. Furthermore, the company’s commitment to increasing their dividend payout indicates that they are committed to rewarding their shareholders with a steadily increasing income stream.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for BRO. More…
| Total Revenues | Net Income | Net Margin |
| 3.57k | 671.8 | 17.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for BRO. More…
| Operations | Investing | Financing |
| 881.4 | -1.91k | 1.73k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for BRO. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 13.97k | 9.37k | 15.22 |
Key Ratios Snapshot
Some of the financial key ratios for BRO are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 14.4% | 19.5% | 28.5% |
| FCF Margin | ROE | ROA |
| 23.2% | 14.3% | 4.6% |
Share Price
The announcement caused slight fluctuations in the stock price of Brown & Brown Inc. on Wednesday, with the stock opening at $61.3 and closing at $60.6, down by 0.9% from its last closing price of 61.2. Brown & Brown Inc. is a publicly traded insurance agency, engaged in the sale and servicing of insurance products and services, as well as risk management services. The company has a wide range of operations including retail and wholesale insurance brokerage, reinsurance brokerage, third party claims administration, and various other services. The company has a long history of rewarding its shareholders with regular dividend payments.
In addition to the quarterly dividend, the company also has a history of returning capital to its shareholders through stock repurchases. Brown & Brown Inc. is well positioned to continue delivering value to its shareholders over the long term. The company is focused on expanding its operations through both organic growth and strategic acquisitions, in order to continue driving shareholder value in the future. Live Quote…
VI Analysis – BRO Intrinsic Value
Company fundamentals are key when it comes to predicting the long-term potential of a company. The VI app has made it easier to understand the key metrics of Brown & Brown. According to the app, the intrinsic value of one share in Brown & Brown is estimated to be around $62.0. Currently, the stock is trading at $60.6, which means that it is trading at a fair price but slightly undervalued by 2%. This could be an opportunity for investors to buy a quality stock at a discount. In order to make an informed decision, it is essential to analyze the company’s financials, management, competitive landscape and other factors. Brown & Brown has a robust balance sheet and a healthy debt-to-equity ratio. The company has consistently delivered strong growth in revenues and profits over the years. It is also well-positioned to capitalize on the market opportunities going forward. All these factors suggest that investing in Brown & Brown could prove to be a wise decision in the long run. More…
VI Peers
Brown & Brown, Inc. is an American insurance brokerage firm. Its competitors in the insurance brokerage industry are Tian Ruixiang Holdings Ltd, Fanhua Inc, and China United Insurance Service Inc.
– Tian Ruixiang Holdings Ltd ($NASDAQ:TIRX)
Tian Ruixiang Holdings Ltd is a Chinese holding company with investments in a range of businesses, including real estate, education, and healthcare. The company has a market cap of 6.97M as of 2022 and a Return on Equity of -5.01%. Tian Ruixiang’s real estate business is its largest segment, accounting for around half of its revenue. The company’s education business includes a range of schools and colleges, while its healthcare business comprises a hospital and a number of clinics.
– Fanhua Inc ($NASDAQ:FANH)
Fanhua Inc. is a provider of financial services in China. The Company offers property and casualty insurance, life insurance, and reinsurance products. It also provides auto financing, rural financing, and other services. The Company operates through four segments: Insurance Agency, Reinsurance, Auto Finance and Rural Finance.
– China United Insurance Service Inc ($OTCPK:CUII)
54.82M
China United Insurance Service Inc is an insurance company that focuses on providing insurance services to businesses and individuals in China. The company has a market cap of $54.82M and a ROE of 29.69%. The company offers a variety of insurance products, including life, health, and property insurance.
Summary
Brown & Brown, Inc. is a publically traded insurance intermediary that specializes in providing risk management and insurance services. The company has steadily increased its dividend payout in the past several years, which is a favorable sign for investors. It is expected to benefit from its diversified product portfolio and strong client base in the near future. Overall, Brown & Brown is an attractive investment opportunity for investors looking for steady dividend income.
