Marsh & McLennan Companies, Inc. (MRSH) to Issue Quarterly Dividend of $0.99 on November 13th

Marsh & McLennan Companies, Inc. (NYSE:MRSH) declared a quarterly dividend on Wednesday, September 16th. Stockholders of record on Thursday, October 1st will be given a dividend of 0.99 per share by the financial services provider on Friday, November 13th. This represents a c) dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Thursday, October 1st.

Marsh & McLennan Companies has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 15 years. Marsh & McLennan Companies has a payout ratio of 38.2% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Marsh & McLennan Companies to earn $11.38 per share next year, which means the company should continue to be able to cover its $3.96 annual dividend with an expected future payout ratio of 34.8%.

Marsh & McLennan Companies Trading Down 1.2%

MRSH stock opened at $174.61 on Friday. The business has a 50-day moving average of $185.85. Marsh & McLennan Companies has a 12 month low of $156.60 and a 12 month high of $207.82. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.14 and a quick ratio of 1.14. The company has a market capitalization of $83.32 billion, a PE ratio of 21.35, a P/E/G ratio of 2.45 and a beta of 0.58.

Marsh & McLennan Companies (NYSE:MRSH) last released its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $2.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.89 by $0.07. The business had revenue of $7.28 billion during the quarter. Marsh & McLennan Companies had a net margin of 14.24% and a return on equity of 32.67%. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. As a group, equities analysts predict that Marsh & McLennan Companies will post 10.44 EPS for the current fiscal year.

Marsh & McLennan Companies Company Profile

Marsh & McLennan Companies, now operating under the name Marsh McLennan, is a global professional services firm that helps organizations manage risk, strategy and people-related challenges. Its businesses serve corporations, governments, institutional investors and other organizations across a broad range of industries and geographies.

The company’s principal businesses include Marsh, an insurance brokerage and risk advisory firm; Guy Carpenter, which provides reinsurance brokerage and related risk management services; Mercer, which offers consulting in areas such as talent, health, retirement and investments; and Oliver Wyman, a management consulting firm.