Does Brown & Brown (BRO) Pay a Dividend? (2026)
Last updated July 2026
Short answer
Yes. Brown & Brown (BRO) pays a dividend yielding about 0.94% as of August 2026, paid quarterly, four times a year. The latest payment on record was $0.17 per share, ex-dividend May 11, 2026. The forward annual rate is roughly $0.66 per share, about $94 a year on a $10,000 position before tax. The payout takes about 21% of earnings. Figures are approximate and dated; verify the current number with your broker.
Does Brown & Brown (BRO) pay a dividend?
Yes. Brown & Brown distributes a dividend yielding roughly 0.94% as of August 2026, paid quarterly, four times a year. The most recent payment on record was $0.17 per share, with an ex-dividend date of May 11, 2026. Annualized, that is about $0.66 per share.
As of mid-July 2026 BRO traded near the high $60s with a market cap around $23 billion and a trailing P/E in the low 20s, a premium typical of high-quality insurance brokers. The 2025 revenue jump to over $5.9 billion was driven heavily by the Accession acquisition rather than organic growth, which had slowed to the mid single digits. The forward multiple sits below the trailing multiple, reflecting expected earnings accretion from a full year of Accession.
BRO dividend at a glance
| 2026-05-11 | $0.165 |
| 2026-02-04 | $0.165 |
| 2025-11-05 | $0.165 |
| 2025-08-13 | $0.15 |
| 2025-05-12 | $0.15 |
| 2025-02-05 | $0.15 |
BRO dividend data as of August 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with BRO's investor relations page before relying on it.
Is the BRO dividend covered?
Brown & Brown paid out about 21% of its earnings as dividends, so the payout is very well covered. A low ratio means the dividend has plenty of room and the company is keeping most of its profit to reinvest or buy back stock, which is also why the yield is modest.
Coverage is the question worth asking before yield. A dividend is only as good as the earnings behind it, and the highest yields on any screen are often the ones closest to being cut. Walnut is informational and is not an investment adviser.
How the BRO dividend has changed
The latest payment of $0.17 per share compares with $0.15 in the equivalent payment a year earlier (May 12, 2025). That is a change of 10.0% over the year.
A single year says little on its own. What dividend-growth investors track is the multi-year record: whether the payout has risen through a downturn, and whether the raises have kept pace with inflation. That record is on BRO's investor relations page.
What BRO's dividend means for you
- Income: about $94 a year per $10,000 invested, before tax.
- Yield is a ratio, not a payment: it rises when the share price falls. A jump in yield without a raise in the dividend means the stock got cheaper, which may or may not be good news.
- Total return: for BRO the dividend is one part of return and price change is usually the larger part. Compare total return, not yield, when weighing it against another holding.
- Reinvest or take the cash: a DRIP compounds the position automatically; taking the cash gives you income now. Either way it is taxable in a taxable account.
- If you want more yield: dedicated dividend names and funds target higher, steadier payouts. See the best dividend stocks and best dividend ETFs.
How BRO dividends are taxed
Dividends from US common stock are usually qualified, which means they are taxed at long-term capital-gains rates rather than as ordinary income, as long as you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs and BDCs generally do not qualify and are taxed as ordinary income. Inside an IRA, Roth, or 401(k) none of this applies while the money stays in the account. Full detail is in how dividends are taxed. This is not tax advice.
The bottom line on the BRO dividend
Brown & Brown (BRO) pays about 0.94%, or roughly $0.66 per share a year. At that level the dividend is a modest supplement rather than the reason to own it: the case rests on total return. For the full picture see the BRO guide. Walnut can show how BRO fits your real portfolio. It is not an investment adviser.
Investing in Brown & Brown with AI
Connect the broker you already use and ask Walnut's AI how BRO fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.
FAQ
Does Brown & Brown (BRO) pay a dividend?
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Yes. Brown & Brown pays a dividend yielding roughly 0.94% as of August 2026, paid quarterly, four times a year. The most recent payment on record was $0.17 per share with an ex-dividend date of May 11, 2026. That works out to a forward annual rate of about $0.66 per share. Yields move with the share price, so verify the current figure with your broker or BRO's investor relations page before relying on it.
What is BRO's dividend yield?
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About 0.94% as of August 2026. On a $10,000 position that is roughly $94 of dividend income a year before tax. For context, the S&P 500 yields around 1.2%, so BRO yields about the same as the broad market. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.
How often does BRO pay its dividend?
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Brown & Brown pays quarterly, four times a year. The most recent payment on record had an ex-dividend date of May 11, 2026. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on BRO's investor relations page, because boards can change both the amount and the timing.
When is BRO's ex-dividend date?
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The ex-dividend date recorded in our August 2026 data pull is August 12, 2026. The ex-dividend date is the cutoff: buy on or after it and the seller keeps that payment, not you. Buying just before the ex-date to capture the dividend does not create free money, because the share price typically drops by roughly the dividend amount when the stock goes ex. Check BRO's investor relations page for the next confirmed date.
Has Brown & Brown raised its dividend recently?
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Yes. The latest payment of $0.17 per share is above the $0.15 paid in the same slot a year earlier, an increase of about 10.0%. One raise is not a policy, though: check the multi-year record on BRO's investor relations page, since a long streak of increases is what dividend-growth investors actually look for.
Is BRO's dividend safe?
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Brown & Brown paid out about 21% of its earnings as dividends, so the payout is very well covered. A low ratio means the dividend has plenty of room and the company is keeping most of its profit to reinvest or buy back stock, which is also why the yield is modest. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.
How much would I earn in dividends from a $10,000 position in BRO?
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At a yield of about 0.94%, roughly $94 a year before tax, spread across 4 payments. That is a snapshot, not a promise: the amount changes when the company changes its payout, and your yield on cost is fixed at the price you paid, not at today's price.
Are BRO dividends qualified for tax purposes?
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Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.
Should I reinvest BRO dividends?
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Most brokers offer automatic reinvestment (a DRIP) that puts each BRO payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.
Does Brown & Brown pay a dividend?
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Yes. As of 2026 it paid a quarterly dividend of about $0.165 per share, roughly $0.66 annually, for a yield near 1%. The company has a long record of consistent annual dividend increases, though the yield is modest given its premium valuation.
Walnut is informational, not investment advice. Dividend figures on this page come from a August 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with BRO's investor relations page or your broker before acting on them.