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Insurance Day

Gallagher dividend up

US BROKER Arthur J Gallagher has confirmed a 3% increase in its quarterly dividend. As a result, on Apirl 15 it will pay $0.33 per common share to stockholders of record on March 31. Patrick Gallagher (pictured), the firm’s chairman and chief executive, explained: “We are pleased to announce this 3% increase in our dividend, which reflects the board’s continued confidence in our company and our ability to grow in this challenging environment. Over the years, we have been committed to rewarding our shareholders, and this increase is a reflection of that commitment.”

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