ITASCA, Ill., Jan. 29, 2015 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) announced that its Board of Directors declared a $0.37 per share quarterly cash dividend on the company's common stock, a $.01 increase over the prior quarter's dividend. The dividend will be payable on March 20, 2015 to stockholders of record as of March 4, 2015.
"Today's announcement is the fifth year in a row that the Board has increased the dividend and the 27th increase since we went public in 1984. This increase reflects the Board's confidence in Gallagher's continued execution on its growth strategy and strong financial position," said J. Patrick Gallagher, Jr, Chairman, President and CEO. "As in previous years, the Board continues to focus on delivering a consistent return to its stockholders."
Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Illinois, has operations in 30 countries and offers client-service capabilities in more than 140 countries around the world through a network of correspondent brokers and consultants.
CONTACT: Marsha J. Akin
Director - Investor Relations
630-285-3501 or [email protected]
SOURCE Arthur J. Gallagher & Co.