Arthur J Gallagher & Co (AJG) will raise its quarterly dividend by 6.3 percent to 51 cents per share in 2022. This marks the 12th consecutive year of dividend increases by the insurance broker. The next ex-dividend date is March 3, 2022.
Arthur J. Gallagher & Co. plans, designs, and administers property/casualty insurance and risk management programs. The company also furnishes a broad range of risk management services including claims and information management, risk control consulting and appraisals to help corporations and institutions reduce their cost of risk. In addition, the company assists clients in all areas of their employee health/welfare and retirement plans, including plan design, funding and administration. Gallagher's initial public offering was on June 20, 1984.