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Arthur J. Gallagher Raises Quarterly Dividend 3.1% to 33 Cents

Arthur J. Gallagher & Co., the fourth-largest insurance broker, increased its quarterly dividend 3.1 percent to 33 cents a share.

The cash dividend on the firm’s common stock is payable on April 15 to shareholders of record as of March 31, the Itasca, Illinois-based company said in a statement distributed by PR Newswire today.

To contact the reporter on this story: April Lee in New York at Alee355@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

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