Ryan Specialty Sets Nov. 24 Payment for $0.13 Quarterly Dividend

Ryan Specialty Holdings, Inc. declared a quarterly dividend of $0.13 per outstanding Class A common share on Oct. 29. The payment is scheduled for Nov. 24, with eligibility determined by stock ownership at the close of business Nov. 10.

The amount matches the dividend declared in July. Ryan Specialty raised its regular quarterly payout from $0.12 to $0.13 in February, leaving the latest per-share payment at that higher level.

For the quarter ended Sept. 30, revenue reached $790 million, a 4.7% increase from a year earlier. The company distributes coverage, underwrites risks and provides product, administrative and risk-management support to brokers, agents and carriers.

Ryan Specialty, LLC’s free cash flow will cover $0.06 per share of the payment to Class A stockholders and holders of LLC Common Units.