Gallagher Increases Dividend 20 Percent
NU Online News Service, Jan. 24, 3:40 p.m. EST?Arthur J. Gallagher & Co. announced its quarterly common stock cash dividend would be 18 cents per share, payable April 15 to shareholders of record as of March 31.
The Itasca, Ill.-based insurance broker said in a statement that the latest dividend represented an increase of three cents per share.
The firm said the dividend increase reflected management's continued confidence in its strategic position within the risk management marketplace as well as the ability of its outstanding employee group to continue to deliver growth and value to the shareholders.
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