Brown & Brown, Inc. (BRO) Dividend History
Income profile from 1987 to 2026 with payout safety and yield-on-cost trend
BRO Dividend Income Check
Safety
18.4% payout ratio with sustainable safety profile.
Consistency
32 straight years of dividend increases.
Income Trend
Yield on cost is 1.3% and trend is rising.
BRO Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
BRO Income Growth Story
Dividend per share and yield on cost over time (40 years of payments)
BRO Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Brown & Brown, Inc. distributes 18.4% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 14.3%, rated "Well Covered".
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
BRO has raised its dividend for 32 consecutive years, with a 3-year CAGR of 13.3% and 5-year CAGR of 12.1%.
Total Shareholder Returns
Beyond cash dividends, BRO returns capital through share repurchases. The combined picture: 1.0% dividend yield, 0.5% buyback yield, 1.5% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 1.3% and is currently rising. The 5-year total return is 19.0%, with dividends contributing 5.0% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $35,176 today.
BRO Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 11, 2026Latest | $0.1650 | — | 1.17% | May 20, 2026 |
| Feb 4, 2026 | $0.1650 | — | 85.10% | Feb 11, 2026 |
| Nov 5, 2025 | $0.1650 | ↑ +10.0% | 79.01% | Nov 12, 2025 |
| Aug 13, 2025 | $0.1500 | — | 62.56% | Aug 20, 2025 |
| May 12, 2025 | $0.1500 | — | 52.37% | May 21, 2025 |
| Feb 5, 2025 | $0.1500 | — | 52.44% | Feb 12, 2025 |
| Nov 6, 2024 | $0.1500 | ↑ +15.4% | 48.73% | Nov 13, 2024 |
| Aug 7, 2024 | $0.1300 | — | 52.64% | Aug 14, 2024 |
BRO Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $20.1B | 1.0% | 18.4% | 32 | Sustainable | |
| $55.0B | 1.2% | 44.6% | 15 | Sustainable | |
2nd | $85.3B | 1.8% | 37.3% | 16 | Sustainable |
| $68.1B | 0.9% | 17.0% | 14 | Sustainable | |
| $24.1B | 1.4% | 22.3% | 9 | Sustainable | |
| $4.5B | 0.6% | 98.3% | 2 | At Risk | |
1st | $10.2B | 2.2% | 45.5% | 9 | Sustainable |
| $32.5B | 0.0% | 0.2% | 0 | Sustainable | |
3rd | $35.3B | 1.6% | 15.4% | 13 | Sustainable |
BRO Annual Dividend History (1987–2026)
40 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.33 | — | 2 | — | — | — | 0.7% |
| 2025 | $0.61 | 13.9% | 4 | $3.16 | 19.5% | 5.14x | 1.3% |
| 2024 | $0.54 | 13.7% | 4 | $3.46 | 15.6% | 6.41x | 1.2% |
| 2023 | $0.48 | 12.4% | 4 | $3.05 | 15.6% | 6.42x | 1.0% |
| 2022 | $0.42 | 11.2% | 4 | $2.37 | 17.8% | 5.61x | 0.9% |
| 2021 | $0.38 | 9.4% | 4 | $2.07 | 18.4% | 5.45x | 0.8% |
| 2020 | $0.35 | 6.9% | 4 | $1.69 | 20.6% | 4.86x | 0.7% |
| 2019 | $0.33 | 6.6% | 4 | $1.40 | 23.2% | 4.31x | 0.7% |
| 2018 | $0.30 | 9.9% | 4 | $1.22 | 25.0% | 4.00x | 0.7% |
| 2017 | $0.28 | 10.1% | 4 | $1.41 | 19.7% | 5.08x | 0.6% |
Full Stock Analysis
Deep dive into BRO consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
39+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
BRO — Frequently Asked Questions
Quick answers to the most common questions about buying BRO stock.
How much dividend does BRO pay per share?
Brown & Brown, Inc. (BRO) pays a trailing 12-month dividend of $0.62 per share, with a current dividend yield of +1.0%. Payments are made Semi-Annual.
When is BRO's next ex-dividend date?
BRO's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. BRO typically pays dividends Semi-Annual.
Is BRO's dividend safe?
BRO's dividend safety is rated "Sustainable" based on an earnings payout ratio of +18.4% and FCF payout ratio of +14.3%. With 32 consecutive years of dividend growth, the track record supports sustainability.
Is BRO a Dividend Aristocrat?
Yes, Brown & Brown, Inc. is classified as a Dividend Aristocrat with 32 consecutive years of dividend increases. The 5-year dividend CAGR is +12.1%, demonstrating above-inflation dividend growth.
How often does BRO pay dividends?
Brown & Brown, Inc. pays dividends Semi-Annual. The trailing 12-month total is $0.62 per share. Dividend data on this page covers 39+ years from 1987 to 2026.
How much would $10,000 invested in BRO grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in BRO five years ago would be worth approximately $11,905 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is BRO's yield on cost for long-term holders?
BRO's yield on cost — the current dividend divided by the original purchase price — is +1.3% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.0% market yield, thanks to consistent dividend growth.