Gallagher Pays Dividend
NU Online News Service, May 14, 4:09 p.m. EST?Insurance broker Arthur J. Gallagher & Co. today declared a regular quarterly cash dividend of 15 cents per share of common stock.
The dividend will be paid on July 15, to shareholders of record as of June 28.
For the first quarter of 2002, ending March 31, Itasca, Ill. ? based Gallagher reported net income increased $6.6 million, rising from $27.1 million for the first quarter of 2001 to $34 million in 2002.
Earnings per share increased 7 cents, rising from 30 cents per share for the first quarter of 2001 to 37 cents for the same period in 2002.
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