Should You Buy Arthur J. Gallagher & Co. ($AJG) Before Its Ex-Dividend?

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Arthur J. Gallagher & Co. (NYSE:AJG) will begin trading ex-dividend on September 3, 2020. The quarterly dividend payment of $ 0.45 per share is scheduled to be paid on September 18, 2020. The dividend yield based on the latest trading day closing price was 1.71 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..

Dividends History
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Click Here For More Historical Dividends Of Arthur J. Gallagher & Co.

Arthur J. Gallagher & Co. recently reported first quarter financial results on April 30, 2020, after market close, the Rolling Meadows based company outlined income for the first quarter of $ 1.83 per share, from the revenue of $ 1,829.00 million. The quarterly earnings grew 12.27 percent while revenues extended 18.03 percent compared with the same quarter last year.
Wall street analysts are predicting, AJG to report 1Q20 income of $ 1.74 per share from revenue of $ 1759.85 million. The bottom line results beat street analysts by $ 0.09 or 5.17 percent, at the same time, top line results outshined analysts by $ 69.15 million or 3.93 percent.

Stock Performance

Shares of Arthur J. Gallagher & Co. traded low $ -0.95 or -0.90 percent on Friday, reaching $ 105.05 with volume of 642.90 thousand shares. Arthur J. Gallagher & Co. has traded high as $ 106.53 and has cracked $ 104.39 on the downward trend

According to the previous trading day, closing price of $ 105.05, representing a 62.85 % increase from the 52 week low of $ 65.09 and a 3.16 % decrease over the 52 week high of $ 109.46.

The company has a market capital of $ 20.11 billion and is part of the Financial Services sector and Insurance Brokers industry.

Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance brokerage, consulting, and third party claims settlement and administration services to entities in the United States and internationally. Its Brokerage segment consists of retail and wholesale insurance brokerage operations.