Aon plc Announces Quarterly Dividend of $0.75 (NYSE:AON)

Aon plc (NYSE:AONGet Free Report) announced a quarterly dividend on Friday, January 9th. Investors of record on Monday, February 2nd will be paid a dividend of 0.745 per share by the financial services provider on Friday, February 13th. This represents a c) dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, February 2nd.

AON has raised its dividend payment by an average of 0.1%per year over the last three years. AON has a payout ratio of 17.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect AON to earn $19.36 per share next year, which means the company should continue to be able to cover its $2.98 annual dividend with an expected future payout ratio of 15.4%.

AON Stock Up 2.0%

Shares of AON stock opened at $349.80 on Friday. AON has a twelve month low of $323.73 and a twelve month high of $412.97. The stock has a 50 day moving average of $347.88 and a 200 day moving average of $353.72. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 1.86. The stock has a market cap of $75.18 billion, a P/E ratio of 28.03, a P/E/G ratio of 1.76 and a beta of 0.84.

AON (NYSE:AONGet Free Report) last released its quarterly earnings results on Friday, January 30th. The financial services provider reported $4.85 EPS for the quarter, topping analysts’ consensus estimates of $4.75 by $0.10. AON had a return on equity of 48.88% and a net margin of 15.96%.The company had revenue of $4.30 billion for the quarter, compared to analysts’ expectations of $4.38 billion. During the same period in the prior year, the firm earned $4.42 earnings per share. The firm’s revenue was up 3.7% compared to the same quarter last year. As a group, sell-side analysts expect that AON will post 17.21 EPS for the current year.

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AON Company Profile

(Get Free Report)

Aon plc is a global professional services firm that provides a broad suite of risk, retirement and health solutions to corporations, institutions and individuals. The company operates primarily as an insurance broker and risk adviser, helping clients identify, quantify and transfer risk across property, casualty, cyber and other areas. Aon also offers reinsurance brokerage and capital market solutions that connect insurers, reinsurers and corporate buyers.

In addition to traditional brokerage activities, Aon delivers consulting and outsourcing services in areas such as human capital, benefits, and retirement plan design and administration.

Further Reading

Dividend History for AON (NYSE:AON)

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