NEW YORK (
) -- The ex-dividend date for
) is Monday, October 31, 2011. Owners of shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $22.67 as of 9:30 a.m. ET, the dividend yield is 1.5%.
The average volume for Brown & Brown has been 1.5 million shares per day over the past 30 days. Brown & Brown has a market cap of $3.1 billion and is part of the
industry. Shares are down 4.7% year to date as of the close of trading on Thursday.
Brown & Brown, Inc., a diversified insurance agency, markets and sells insurance products and services primarily in the United States. Its Retail segment provides insurance products and services to commercial, public and quasi-public entity, professional, and individual customers. The company has a P/E ratio of 20.3, above the average insurance industry P/E ratio of 19.8 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Brown & Brown as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full