Brown & Brown, Inc. (
BRO) has been faring well lately, while other financial companies continue to struggle. The Zacks #1 Rank (strong buy) company boasts strong fundamentals as it expands through acquisitions.
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Company Description
Brown & Brown, Inc. and its subsidiaries offer a broad range of insurance and reinsurance products and services, as well as risk management, third-party administration, managed health care, and Medicare set-aside services and programs.
The company services business, public entity, individual, trade and professional association clients nationwide.
BRO is ranked by Business Insurance magazine as the seventh largest independent insurance intermediary in the United States.
Competitive Income for Shareholders
The company recently declared a regular quarterly cash dividend of 75 cents per share. The dividend is payable on February 18 to shareholders of record on February 4. BRO's dividend represents a 7% increase that occurred in October.
Brown & Brown's dividend yield of 1.5% is better than the
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