Marsh & McLennan Raises Quarterly Dividend by 20%
July 11 2023 - 7:42AM
Dow Jones News
By Colin Kellaher
Marsh & McLennan on Tuesday said its board raised the
quarterly dividend by 20%, to 71 cents a share from 59 cents.
The new payout, equal to $2.84 a year, represents an annual
yield of about 1.54% based on Monday's closing price of $184.91, up
from 1.28%.
The New York professional-services company said the increased
dividend is payable Aug. 15 to shareholders of record July 27.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
July 11, 2023 08:27 ET (12:27 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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