Marsh & McLennan Companies, Inc. (MRSH) To Go Ex-Dividend on April 9th

Marsh & McLennan Companies, Inc. (NYSE:MRSH) announced a quarterly dividend on Wednesday, February 25th. Stockholders of record on Thursday, April 9th will be paid a dividend of 0.90 per share by the financial services provider on Friday, May 15th. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, April 9th.

Marsh & McLennan Companies has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 15 consecutive years. Marsh & McLennan Companies has a payout ratio of 34.7% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Marsh & McLennan Companies to earn $10.48 per share next year, which means the company should continue to be able to cover its $3.60 annual dividend with an expected future payout ratio of 34.4%.

Marsh & McLennan Companies Stock Performance

Shares of MRSH opened at $174.98 on Tuesday. The stock has a 50 day simple moving average of $175.26. Marsh & McLennan Companies has a fifty-two week low of $164.89 and a fifty-two week high of $239.34. The stock has a market cap of $84.71 billion, a PE ratio of 20.76, a PEG ratio of 2.38 and a beta of 0.75. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.10 and a quick ratio of 1.10.

Marsh & McLennan Companies (NYSE:MRSH) last announced its quarterly earnings results on Thursday, January 29th. The financial services provider reported $2.12 earnings per share for the quarter, topping the consensus estimate of $1.97 by $0.15. Marsh & McLennan Companies had a net margin of 15.42% and a return on equity of 31.60%. The firm had revenue of $6.60 billion during the quarter, compared to analysts’ expectations of $6.52 billion. During the same quarter in the prior year, the company earned $1.87 EPS. The company’s revenue was up 8.7% compared to the same quarter last year. Equities research analysts forecast that Marsh & McLennan Companies will post 9.61 EPS for the current year.

Marsh & McLennan Companies Company Profile

Marsh & McLennan Companies (NYSE: MMC) is a global professional services firm headquartered in New York City that provides advice and solutions in the areas of risk, strategy and people. Founded in 1905, the company has grown into a diversified group of businesses focused on insurance brokerage and risk management, reinsurance, human capital and investment consulting, and management consulting. Its long history and scale position it as a prominent adviser to corporations, governments and other institutions seeking to manage risk and optimize human and financial capital.

The firm operates through several well-known subsidiaries and business units that specialize in distinct services.