Marsh & McLennan Raises Quarterly Dividend by 10%
13 7월 2022 - 10:10PM
Dow Jones News
By Colin Kellaher
Marsh & McLennan Cos. on Wednesday said its board raised the
quarterly dividend by 10% to 59 cents a share.
The new payout, equal to $2.36 a year, represents an annual
yield of about 1.54% based on Tuesday's closing price of $153.14,
up from 1.4%.
The New York professional-services firm said the increased
dividend is payable Aug. 15 to shareholders of record July 28.
S&P Dow Jones Indices recently reported that dividend
payouts set another record in the second quarter, a reassuring sign
to investors who have flocked to steady, income-generating stocks
during the market downturn this year.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
July 13, 2022 08:55 ET (12:55 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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