Brown & Brown, Inc. (NYSE: BRO) yesterday announced that the Board of Directors
has increased the regular quarterly cash dividend rate to $.07 per share. This
is a 22% increase over the current rate of $.0575 per share. The Board
declared that the first payment at the new dividend rate is payable on
November 19, 2003, to shareholders of record on November 5, 2003.
Source: Brown & Brown, Inc.
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