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Itasca, Ill.-based brokerage giant announced that its board of directors declared a quarterly cash dividend on the company’s common stock of 25 cents per share payable April 15, 2004, to shareholders of record as of March 31, 2004.

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.