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ITASCA, Ill., Jan. 26 /PRNewswire-FirstCall/ -- Arthur J. Gallagher & Co. today announced that its Board of Directors declared a quarterly cash dividend on the company's common stock of $0.30 per share payable on April 14, 2006 to shareholders of record as of March 31, 2006.
"We are pleased to announce a 7% increase in our dividend," said J. Patrick Gallagher, Jr., President and CEO. "This action reflects the Board's continued confidence in Gallagher's ability to deliver growth and value to our shareholders, which is evident with our history of consistent increases in dividends since going public in 1984."
Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Illinois, has operations in seven countries and does business in approximately 120 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- 01/26/2006 /CONTACT: Marsha J. Akin, Investor Relations of Arthur J. Gallagher & Co., +1-630-773-3800/ /Web site: http://www.ajg.com / (AJG) CO: Arthur J. Gallagher & Co. ST: Illinois IN: INS FIN SU: DIV JJ-AM -- CGTH072 -- 5268 01/26/2006 17:08 EST http://www.prnewswire.com