Two major insurance brokerage firms said yesterday that they would pay quarterly dividends to shareholders.
New York-based Marsh & McLennan Companies Inc., the parent company of insurance broker Marsh and reinsurance broker Guy Carpenter, said it would pay a quarterly dividend of 20 cents per share on outstanding common stock on Feb. 17 to shareholders of record as of Jan. 30.
Daytona Beach, Fla.-based Brown & Brown Inc. said it would pay a regular quarterly cash dividend of 7.5 cents per share on Feb. 18 to shareholders of record as of Feb. 4.
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