Marsh & McLennan Companies, Inc. (MRSH) To Go Ex-Dividend on July 23rd

Marsh & McLennan Companies, Inc. (NYSE:MRSH) declared a quarterly dividend on Wednesday, July 8th. Investors of record on Thursday, July 23rd will be given a dividend of 0.99 per share by the financial services provider on Friday, August 14th. This represents a c) annualized dividend and a yield of 2.2%. The ex-dividend date is Thursday, July 23rd. This is a 10.0% increase from Marsh & McLennan Companies’s previous quarterly dividend of $0.90.

Marsh & McLennan Companies has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 15 years. Marsh & McLennan Companies has a dividend payout ratio of 34.7% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Marsh & McLennan Companies to earn $11.24 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 32.0%.

Marsh & McLennan Companies Stock Down 0.1%

Shares of MRSH stock opened at $178.81 on Friday. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.28. The firm has a market cap of $86.38 billion, a P/E ratio of 22.35, a PEG ratio of 2.61 and a beta of 0.61. Marsh & McLennan Companies has a 1 year low of $156.60 and a 1 year high of $216.32.

Marsh & McLennan Companies (NYSE:MRSH) last posted its earnings results on Thursday, April 16th. The financial services provider reported $3.29 earnings per share for the quarter, beating the consensus estimate of $3.21 by $0.08. Marsh & McLennan Companies had a return on equity of 31.87% and a net margin of 14.26%.The company had revenue of $7.30 billion for the quarter. Marsh & McLennan Companies’s revenue for the quarter was up 7.6% compared to the same quarter last year. As a group, equities analysts forecast that Marsh & McLennan Companies will post 10.37 earnings per share for the current year.

Marsh & McLennan Companies News Roundup

Here are the key news stories impacting Marsh & McLennan Companies this week:

• Positive Sentiment: UBS reiterated its Buy rating and raised its price target on Marsh & McLennan Companies (MRSH) to $212, signaling confidence in further upside. UBS Sticks to Their Buy Rating for Marsh & McLennan Companies (MRSH)
• Positive Sentiment: Cantor Fitzgerald also lifted its price target on MRSH to $218 and kept an Overweight rating, reinforcing the view that the shares still have meaningful upside. Benzinga report on Cantor Fitzgerald price target increase
• Positive Sentiment: Marsh & McLennan raised its quarterly dividend by 10% to $0.99 per share, a sign of strong cash generation and continued commitment to returning capital to shareholders. Marsh Raises Dividend: Is Its Capital Return Story Getting Stronger?
• Neutral Sentiment: Mizuho modestly increased its price target to $197 while keeping a Neutral rating, adding to the overall analyst attention but offering a more balanced view. Benzinga report on Mizuho price target increase
• Neutral Sentiment: The company also formally declared the new quarterly dividend, payable in August, confirming the higher payout and supporting the stock’s income appeal. Dividend declaration details

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.