Professional services firm Marsh & McLennan (MMC) will raise its quarterly dividend by 10.3 percent to $0.375 per share in 2017. The dividend is payable on August 15, 2017 to stockholders of record on July 11, 2017.
Marsh & McLennan Companies, Inc. is a professional services firm offering clients advice and solutions in risk, strategy and people. Its businesses include: Marsh, the insurance broker, intermediary and risk advisor; Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of HR and investment related advice and services; and Oliver Wyman Group, the management, economic and brand consultancy. The company conducts business through two segments: Risk and Insurance Services and Consulting. Marsh was originally founded in 1871.