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ITASCA, Ill., Jan. 19 /PRNewswire-FirstCall/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced that its Board of Directors declared a quarterly cash dividend on the company's common stock of $.28 per share payable on April 15, 2005 to shareholders of record as of March 31, 2005.
J. Patrick Gallagher, Jr., President and CEO, stated, "We are extremely pleased to announce this 12% increase in our dividend over the prior quarter's dividend of $.25 per share. This increase reflects the Board's confidence in the ability of our outstanding employee group to continue to deliver growth and value to our shareholders."
Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Illinois, has operations in nine countries and does business in more than 100 countries around the world through a network of correspondent brokers and consultants. Gallagher is traded on the New York Stock Exchange under the symbol AJG.
SOURCE Arthur J. Gallagher & Co. -0- 01/19/2005 /CONTACT: Marsha J. Akin, Investor Relations, Arthur J. Gallagher & Co., +1-630-773-3800/ /Web site: http://www.ajg.com / (AJG) CO: Arthur J. Gallagher & Co. ST: Illinois IN: FIN INS SU: DIV JK-SH -- CGW058 -- 5658 01/19/2005 15:28 EST http://www.prnewswire.com