SmarterDividends
BRO

Brown & Brown (BRO) Dividend

32 yrs growth

Brown & Brown, Inc. · Financial Services · Insurance Brokers · quarterly payer

$72.12

Fairly valued · -8% Add to Portfolio

As of Nov 8, 2026, Brown & Brown (BRO) pays a quarterly dividend, or $0.66 a year, a 0.92% yield at its $72.12 share price. It pays every quarter, usually in February, May, August and November. It has raised its dividend 32 years in a row and has a dividend safety grade of A.

Forward Yield

0.92%

Annual Dividend

$0.66

Payout Ratio

21%

5-Yr Growth

12.1%

Ex-Date

Nov 4, 2026

Frequency

Quarterly

Key facts about BRO's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, Brown & Brown, Inc. (BRO) has a forward dividend yield of 0.92%, based on an annual dividend of $0.66 per share and a share price of $72.12.
  • As of Nov 8, 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 Nov 8, 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 Nov 4, 2026, for a dividend of $0.18 per share.
  • As of Nov 8, 2026, BRO pays out 21% 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 Nov 8, 2026, BRO's 0.92% yield is 41% above its five-year average yield of 0.65%.
  • As of Nov 8, 2026, SmarterDividends' blended fair-value estimate for BRO is $66.65 per share, 8% below the $72.12 share price, so BRO screens as fairly valued.
  • Brown & Brown, Inc. (BRO) pays its dividend quarterly, 4 times a year.
  • Brown & Brown, Inc. (BRO) has raised its regular dividend 35 times and cut it 0 times across the 160 payments on record since 1987. Its most recent change was a 9.1% increase to $0.180 per share, going ex-dividend on Nov 4, 2026.
  • Brown & Brown (BRO) has declared its first higher dividend of the year in October in 5 of the last 5 years; its most recent raise, 9.1%, was paid from the dividend that went ex-dividend on Nov 4, 2026.
Cite this page

SmarterDividends, "BRO Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 8, 2026, https://smarterdividends.com/stocks/BRO

Is BRO a good dividend stock?

Yes

Brown & Brown, Inc. (BRO) pays a quarterly dividend yielding 0.92% ($0.66/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 (21%)
  • Strong 12.1% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
0.92%
Payout Ratio
21%
Annual Dividend
$0.66
5-Yr Avg Growth
12.1%
Ex-Dividend Date
Nov 4, 2026
Years of Growth
32
Frequency
quarterly
Beta
0.52
Market Cap
$23.9B
P/E Ratio
22.8
5-Yr Total Return
12%
52-Week Range
$53.81 – $82.58
Dividend Safety
A · 94/100
Ever Cut?
No

BRO dividend raises and cuts

Brown & Brown, Inc. (BRO) has raised its regular dividend 35 times and cut it 0 times across the 160 payments on record since 1987. Its most recent change was a 9.1% increase to $0.180 per share, going ex-dividend on Nov 4, 2026.

Ex-dateChangeOld → newMove
Nov 4, 2026Raise$0.165 → $0.180+9.1%
Nov 5, 2025Raise$0.150 → $0.165+10.0%
Nov 6, 2024Raise$0.130 → $0.150+15.4%
Oct 31, 2023Raise$0.115 → $0.130+13.0%
Nov 1, 2022Raise$0.103 → $0.115+11.7%
Nov 2, 2021Raise$0.0930 → $0.103+10.8%
Nov 3, 2020Raise$0.0850 → $0.0930+9.4%
Nov 7, 2019Raise$0.0800 → $0.0850+6.3%
Oct 25, 2018Raise$0.0750 → $0.0800+6.7%
Oct 26, 2017Raise$0.0675 → $0.0750+11.1%
Oct 26, 2016Raise$0.0615 → $0.0675+9.8%
Nov 2, 2015Raise$0.0550 → $0.0615+11.8%
Show all 35 changes since 1992
Ex-dateChangeOld → newMove
Oct 29, 2014Raise$0.0500 → $0.0550+10.0%
Oct 28, 2013Raise$0.0450 → $0.0500+11.1%
Nov 5, 2012Raise$0.0425 → $0.0450+5.9%
Oct 31, 2011Raise$0.0400 → $0.0425+6.3%
Nov 1, 2010Raise$0.0390 → $0.0400+2.6%
Nov 2, 2009Raise$0.0375 → $0.0390+4.0%
Nov 3, 2008Raise$0.0350 → $0.0375+7.1%
Nov 5, 2007Raise$0.0300 → $0.0350+16.7%
Nov 6, 2006Raise$0.0250 → $0.0300+20.0%
Oct 31, 2005Raise$0.0200 → $0.0250+25.0%
Nov 1, 2004Raise$0.0175 → $0.0200+14.3%
Nov 3, 2003Raise$0.0145 → $0.0175+20.7%
Nov 4, 2002Raise$0.0120 → $0.0145+20.8%
Feb 4, 2002Raise$0.0119 → $0.0120+1.1%
Nov 5, 2001Raise$0.0094 → $0.0119+26.7%
Nov 6, 2000Raise$0.0081 → $0.0094+15.4%
Nov 2, 1999Raise$0.0069 → $0.0081+18.2%
Nov 10, 1998Raise$0.0063 → $0.0069+10.0%
May 11, 1998Raise$0.0058 → $0.0063+7.1%
Nov 6, 1997Raise$0.0054 → $0.0058+7.7%
Nov 6, 1996Raise$0.0050 → $0.0054+8.3%
Oct 31, 1994Raise$0.0042 → $0.0050+20.0%
Feb 4, 1992Raise$0.0033 → $0.0042+25.0%
Every BRO payment →Download every raise and cut (CSV)
BRO ex-dividend date & scheduleNext ex-date Nov 4, 2026 · full ex-dividend historyView →BRO dividend historyEvery payment, totals by year, raises and cutsView →BRO dividend calculator100 shares pay $66.00 a year, $16.50 each quarterCalculate →BRO total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is BRO a good dividend stock?

Yes. Brown & Brown, Inc. (BRO) pays a quarterly dividend yielding 0.92% ($0.66/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 $66.65 versus a $72.12 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 $66.65 per share, about 8% below the current $72.12 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 0.92% ($0.66/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 $0.66 per share annually, a forward yield of roughly 0.92%.

How much dividend does 100 shares of BRO pay?

At $0.66 per share a year, 100 shares of BRO pay $66.00 a year in dividends before tax, about $16.50 each quarter. Buying them costs about $7,212 at the Nov 8, 2026 price.

What is BRO's dividend yield?

As of Nov 8, 2026, BRO's forward dividend yield is 0.92%, based on a $0.66 annual dividend and a $72.12 share price.

What is BRO's dividend per share?

As of Nov 8, 2026, BRO pays $0.66 per share per year, distributed on a quarterly basis.

What is BRO's dividend payout ratio?

As of Nov 8, 2026, BRO's payout ratio is 21% 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 Nov 8, 2026, BRO has increased its dividend for 32 consecutive years.

When is the next BRO ex-dividend date?

As of Nov 8, 2026, BRO's next ex-dividend date hasn't been announced. The most recent was Nov 4, 2026, for $0.18 per share.

BRO Dividend News

BRO
IncreaseBRO·Oct 27, 2026

Brown & Brown Raises Dividend 9.1%, Extends Growth Streak

Brown & Brown lifts its quarterly payout to $0.18, backed by a 20% earnings payout ratio and a dividend-growth record spanning 33 years.

Income Calculator

At $0.66 / yr per share

Per payment (quarterly)$16.50
Annual$66.00
Monthly avg$5.50
Full BRO dividend calculator →

Similar Dividend Stocks

JPMJPMJPMorgan Chase & Co.1.97%Financial ServicesVVVisa Inc.0.74%Financial ServicesMAMAMastercard Incorporated0.53%Financial ServicesBACBACBank of America Corporation2.59%Financial Services

Compare BRO

BRO vs JPMBRO vs VBRO vs MABRO vs BAC

Explore more

Lists and tools related to BRO