Here’s How You Can Earn $100 In Passive Income By Investing In Brown &

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Brown & Brown Inc. (NYSE:BRO) markets and sells insurance products and services in the U.S. and internationally.

The 52-week range of Brown & Brown stock price was $88.31 to $125.68.

Brown & Brown’s dividend yield is 0.55%. It paid $0.60 per share in dividends during the last 12 months.

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On April 28, the company announced its Q1 2025 earnings, posting adjusted EPS of $1.29, missing the consensus estimate of $1.30, while revenues of $1.40 billion matched expectations, as reported by Benzinga.

“We continue to execute our plan and are pleased with our performance for the quarter,” said CEO J. Powell Brown.

If you want to make $100 per month — $1,200 annually — from Brown & Brown dividends, your investment value needs to be approximately $218,182, which is around 1,983 shares at $110.03 each.

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Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (0.55% in this case). So, $1,200 / 0.0055 = $218,182 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.

The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.

For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).

In summary, income-focused investors may find Brown & Brown stock an attractive option for making a steady income of $100 per month by owning 1,983 shares of stock. There may be more upside to come as investors benefit from the company’s consistent dividend hikes. Brown & Brown has raised its dividend consecutively for the last 31 years.