Marsh & McLennan Companies, Inc. (NYSE:MMC) will begin trading ex-dividend on July 24, 2020. The quarterly dividend payment of $ 0.465 per share is scheduled to be paid on August 14, 2020. Shareholders who purchased MMC prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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Recent Earnings Announcement
Marsh & McLennan Companies, Inc. unwinded income for the first quarter of $ 1.64 per share, from the revenue of $ 4,651.00 million. The quarterly earnings enlarged 7.89 percent while revenues elevated 10.89 percent compared with the same quarter last year.
Street analysts expected Marsh & McLennan Companies, Inc. to report income of $ 1.57 per share on revenue of $ 4681.23 million for the first quarter. The bottom line results beat street analysts by $ 0.07 or 4.46 percent, at the same time, top line results fell short of analysts by $ 30.23 million or 0.65 percent.
Stock Performance
According to the previous trading day, closing price of MMC was $ 115.28, representing a 55.09 % increase from the 52 week low of $ 74.33 and a 3.84 % decrease over the 52 week high of $ 119.88.
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The company has a market capital of $ 58.35 billion and is part of the Financial Services sector and Insurance Brokers industry.
Marsh & McLennan Companies, Inc., a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and Insurance Services, and Consulting. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance, reinsurance broking, catastrophe and financial modeling, and related advisory services; and insurance program management services.
