SmarterDividends
BRO

Brown & Brown, Inc.

BRO32 yrs growth

Financial Services · Insurance Brokers · Stock · quarterly payer

$64.05

Fairly valued · -8% Add to Portfolio

Forward Yield

1.03%

Annual Dividend

$0.65

Payout Ratio

20%

5-Yr Growth

12.1%

Ex-Date

Aug 12, 2026

Frequency

Quarterly

Key facts about BRO's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 14, 2026, Brown & Brown, Inc. (BRO) has a forward dividend yield of 1.03%, based on an annual dividend of $0.65 per share and a share price of $64.05.
  • As of Oct 14, 2026, BRO's dividend safety grade from SmarterDividends is A (94 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Brown & Brown, Inc. (BRO) has raised its dividend for 32 consecutive years as of Oct 14, 2026, which makes it a Dividend Aristocrat by the 25-year definition.
  • BRO has never cut its regular dividend in the payment history SmarterDividends has on record.
  • BRO's most recent ex-dividend date was Aug 12, 2026, for a dividend of $0.17 per share.
  • As of Oct 14, 2026, BRO pays out 20% of its trailing 12-month earnings as dividends (its payout ratio).
  • BRO's dividend has grown at an average rate of 12.1% a year over the past five years.
  • As of Oct 14, 2026, BRO's 1.03% yield is 57% above its five-year average yield of 0.65%.
  • As of Oct 14, 2026, SmarterDividends' blended fair-value estimate for BRO is $58.79 per share, 8% below the $64.05 share price, so BRO screens as fairly valued.
  • Brown & Brown, Inc. (BRO) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "BRO Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 14, 2026, https://smarterdividends.com/stocks/BRO

Summary

As of Oct 14, 2026, Brown & Brown, Inc. (BRO) yields 1.03% ($0.65 a year per share), has a dividend safety grade of A (94/100) and has 32 consecutive years of dividend increases on record.

Is BRO a good dividend stock?

Yes

Brown & Brown, Inc. (BRO) pays a quarterly dividend yielding 1.03% ($0.65/yr), with 32 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Dividend Aristocrat — 32 consecutive years of growth
  • Never cut its dividend on record
  • Comfortable payout ratio (20%)
  • Strong 12.1% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Share price is down over the past 5 years

Key Data

Dividend Yield
1.03%
Payout Ratio
20%
Annual Dividend
$0.65
5-Yr Avg Growth
12.1%
Ex-Dividend Date
Aug 12, 2026
Years of Growth
32
Frequency
quarterly
Beta
0.59
Market Cap
$21.4B
P/E Ratio
20.2
5-Yr Total Return
-0%
52-Week Range
$53.81 – $95.69
Dividend Safety
A · 94/100
Ever Cut?
No
BRO ex-dividend date & scheduleNext ex-date Aug 12, 2026 · full ex-dividend historyView →BRO dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is BRO a good dividend stock?

Yes. Brown & Brown, Inc. (BRO) pays a quarterly dividend yielding 1.03% ($0.65/yr), with 32 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is BRO undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BRO's fair value is about $58.79 versus a $64.05 share price — so it looks fairly valued (-8% vs. fair value).

Is BRO's dividend safe?

BRO has a dividend-safety grade of A (94/100), based on its payout coverage, free-cash-flow, 32-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is BRO's fair value?

Our blended fair-value estimate for BRO is about $58.79 per share, about 8% below the current $64.05 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is BRO a buy, hold, or sell?

We don't issue formal ratings, but on the data BRO screens as "yes" and fairly valued. Brown & Brown, Inc. (BRO) pays a quarterly dividend yielding 1.03% ($0.65/yr), with 32 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will BRO cut its dividend?

BRO earns a dividend-safety grade of A (94/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does BRO pay a dividend?

Yes. Brown & Brown, Inc. pays a quarterly dividend of about $0.65 per share annually, a forward yield of roughly 1.03%.

What is BRO's dividend yield?

As of Oct 14, 2026, BRO's forward dividend yield is 1.03%, based on a $0.65 annual dividend and a $64.05 share price.

What is BRO's dividend per share?

As of Oct 14, 2026, BRO pays $0.65 per share per year, distributed on a quarterly basis.

What is BRO's dividend payout ratio?

As of Oct 14, 2026, BRO's payout ratio is 20% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has BRO grown its dividend?

As of Oct 14, 2026, BRO has increased its dividend for 32 consecutive years.

When is the next BRO ex-dividend date?

As of Oct 14, 2026, BRO's next ex-dividend date hasn't been announced. The most recent was Aug 12, 2026, for $0.17 per share.

Income Calculator

At $0.65 / yr per share

Per payment (quarterly)$16.13
Annual$64.50
Monthly avg$5.38

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