Marsh & McLennan As of September 21, 2021 ticker dps (an.) 2021 hike 2020 hike 2019 hike
MMC $2.14 15.1% 2.2% 9.6%
Business yield Hike yrs 5 yr CAGR freq. paid since
Risk & Insurance Services 1.4% 12 9.5% Quarter N/A
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MMC has raised its dividend 11 consecutive years © logo Marsh & McLennan Companies
MMC has raised its dividend 11 consecutive years © logo Marsh & McLennan Companies

Marsh & McLennan Companies (MMC) will raise its quarterly dividend by 2.2 percent in 2020. This follows a 9.6 percent dividend hike to $0.455 per share in 2019 and will mark 11 consecutive years of dividend increases by the  professional services firm.

The next dividend of 45.5 cents per share is payable on August 14, 2020, to stockholders of record on July 27, 2020. The new yield for professional services firm is 1.6% based on the annual payment of $1.86 and a stock price $112.78.

When we include this new dividend hike Marsh & McLennan will be paying shareholders an estimated $941 million in dividends annually with an average annual increase of 8.4 percent in the last five years.

Marsh & McLennan last announced a double digit dividend increase in 2018, when the quarterly dividend was boosted by 10.7 percent. This year's dividend hike so far is the smallest announced by the company since 2009. During the financial crisis Marsh & McLennan did nog announce a dividend increase.

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.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Sep 23 XRAY 0.7% 10.0%
Sep 23 SRE 3.4% 5.3%
Sep 23 FLS 2.3% 0.0%
Sep 23 MDT 2.0% 8.6%
Sep 23 RL 2.5% 0.0%
Sep 23 IFF 2.4% 2.6%
Sep 24 EQR 3.0% 0.0%
Sep 24 GE 0.3% 0.0%
Sep 24 CERN 1.2% 0.0%
Sep 27 AMT 1.8% 5.0%