BROWN & BROWN, INC. (BRO) closed fiscal year 2025 with 336 M shares outstanding and a dividend of 0.62 USD per share.
BROWN & BROWN, INC. (BRO) closed fiscal year 2025 with 336 M shares outstanding and a dividend of 0.62 USD per share. Over the year the share count rose by 50.0 M shares on a net basis, typically through stock-based compensation and options. Since 2009 the share count has grown by 18.2 %. The dividend per share was 0.62 USD, up 14.8 % year on year. Total dividends paid came to 193 M USD, spread over 4 payments. The series covers 18 fiscal years, from 2008 to 2025. Per-share amounts are stated in USD. Share counts and dividends come from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: January
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding, year-end | 284M | 286M | 287M | 288M | 291M | 287M | 278M | 280M | 276M | 280M | 282M | 283M | 283M | 283M | 285M | 286M | 336M |
| Shares issued — SBC/options | 147M | 1.44M | 1.11M | 1.05M | 3.08M | 0.00M | 0.00M | 2.24M | 0.00M | 3.37M | 2.07M | 1.35M | 0.00M | 0.70M | 1.80M | 1.00M | 50.0M |
| Shares issued (%) | 51.83 % | 0.50 % | 0.39 % | 0.37 % | 1.06 % | 0.00 % | 0.00 % | 0.80 % | 0.00 % | 1.21 % | 0.74 % | 0.48 % | 0.00 % | 0.25 % | 0.63 % | 0.35 % | 14.88 % |
| Shares repurchased | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -3.87M | -9.00M | 0.00M | -4.00M | 0.00M | 0.00M | 0.00M | -0.50M | 0.00M | 0.00M | 0.00M | 0.00M |
| Shares repurchased (%) | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | -1.35 % | -3.24 % | 0.00 % | -1.45 % | 0.00 % | 0.00 % | 0.00 % | -0.18 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Net addition/reduction | 147M | 1.44M | 1.11M | 1.05M | 3.08M | -3.87M | -9.00M | 2.24M | -4.00M | 3.37M | 2.07M | 1.35M | -0.50M | 0.70M | 1.80M | 1.00M | 50.0M |
| Net addition/reduction (%) | 51.83 % | 0.50 % | 0.39 % | 0.37 % | 1.06 % | -1.35 % | -3.24 % | 0.80 % | -1.45 % | 1.21 % | 0.74 % | 0.48 % | -0.18 % | 0.25 % | 0.63 % | 0.35 % | 14.88 % |
Fiscal year end: January
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share (DPS) | 0.15 | 0.16 | 0.16 | 0.18 | 0.19 | 0.21 | 0.23 | 0.25 | 0.28 | 0.31 | 0.33 | 0.35 | 0.38 | 0.42 | 0.48 | 0.54 | 0.62 |
| Payout Ratio (%) | 27.98 % | 27.51 % | 28.35 % | 26.91 % | 24.66 % | 28.68 % | 26.35 % | 27.29 % | 19.45 % | 24.60 % | 22.92 % | 20.94 % | 18.26 % | 17.86 % | 15.50 % | 15.51 % | 18.31 % |
| Number of payments | 4.00 | 4.00 | 4.00 | 4.00 | 5.00 | 3.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Dividends paid (total) | 42.9M | 44.5M | 46.5M | 49.5M | 53.5M | 59.3M | 64.1M | 70.3M | 77.7M | 84.7M | 91.3M | 101M | 107M | 120M | 135M | 154M | 193M |
| Dividend Yield (%) | 1.51 % | 1.77 % | 1.32 % | 1.51 % | 1.36 % | 1.28 % | 1.45 % | 1.71 % | 1.29 % | 1.15 % | 1.18 % | 0.78 % | 0.87 % | 0.65 % | 0.83 % | 0.70 % | 0.59 % |
Figures in USD
