AJG To Pay Dividend
NU Online News Service, Nov. 20, 3:03 p.m. EST?Arthur J. Gallagher Inc., the insurance brokerage firm headquartered in Itasca, Ill., said it would pay a regular quarterly cash dividend of 18 cents per share to common stock shareholders of record as of Dec. 31 on Jan. 15, 2004.
For the third quarter of this year, AJG reported net income rose 110 percent from $23.3 million to $48.9 million, an increase of $25.6 million. Earnings per share rose from 25 cents a share to 52 cents. Revenues were up 35 percent, increasing from $256.5 million to $345 million.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
