Marsh McLennan Increases Quarterly Cash Dividend

Rhea-AI Summary

The Board of Directors of Marsh McLennan (NYSE: MMC) has announced a 15% increase in the quarterly cash dividend. The dividend will rise from $0.710 to $0.815 per share on outstanding common stock.

This increased dividend will be payable on August 15, 2024, to shareholders of record as of July 25, 2024.

Positive

• Dividend increase to $0.815 per share, a 15% rise.
• Dividend demonstrates company confidence and potential for shareholder income.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- The Board of Directors of Marsh McLennan (NYSE: MMC) today declared a 15% increase in the quarterly dividend from $0.710 to $0.815 per share on outstanding common stock, payable on August 15, 2024, to stockholders of record on July 25, 2024.

About Marsh McLennan
Marsh McLennan (NYSE: MMC) is the world’s leading professional services firm in the areas of risk, strategy and people. The Company’s more than 85,000 colleagues advise clients in over 130 countries. With annual revenue of $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh provides data-driven risk advisory services and insurance solutions to commercial and consumer clients. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations redefine the world of work, reshape retirement and investment outcomes, and unlock health and wellbeing for a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit marshmclennan.com, or follow us on LinkedIn and X.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240710736022/en/

Media Contact:

Erick Gustafson

Marsh McLennan

+1 202 263 7788

Erick.gustafson@mmc.com

Investor Contact:

Sarah DeWitt

Marsh McLennan

+1 212 345 6750

Sarah.dewitt@mmc.com

Source: Marsh McLennan

FAQ

What is the new quarterly cash dividend for Marsh McLennan?

The new quarterly cash dividend for Marsh McLennan is $0.815 per share.

When will Marsh McLennan's increased dividend be paid?

Marsh McLennan's increased dividend will be paid on August 15, 2024.

What is the record date for Marsh McLennan's dividend?

The record date for Marsh McLennan's dividend is July 25, 2024.

How much did Marsh McLennan increase its dividend by?

Marsh McLennan increased its dividend by 15%, from $0.710 to $0.815 per share.