Aon's most recent quarterly dividend was on Jul 31, 2023 (ex-date) with a cash dividend payment of $0.615 per share. On an annualized basis, the company has a current payout of $2.35 per share. This brings the dividend yield to 0.71% based on its recent close price.
AON has a dividend yield of 0.71% which is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 3.79%, Aon's dividend yield is 81% lower. The current dividend yield is in line with the historical average of 0.7% of the last 5 years.
Aon has been paying dividends since 1995. AON has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 10% for the last year. But since the stock price has gone up by 23% from a year ago, the dividend yield has decreased by 10%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jul 31, 2023 | Aug 15, 2023 | Jul 13, 2023 | $0.615 | normal |
| Apr 28, 2023 | May 15, 2023 | Apr 14, 2023 | $0.615 | normal |
| Jan 31, 2023 | Feb 15, 2023 | Jan 10, 2023 | $0.56 | normal |
| Oct 31, 2022 | Nov 15, 2022 | Oct 14, 2022 | $0.56 | normal |
| Jul 29, 2022 | Aug 12, 2022 | Jul 14, 2022 | $0.56 | normal |
| Apr 29, 2022 | May 13, 2022 | Apr 14, 2022 | $0.56 | normal |
| Jan 31, 2022 | Feb 15, 2022 | Jan 10, 2022 | $0.51 | normal |
| Oct 29, 2021 | Nov 15, 2021 | Oct 11, 2021 | $0.51 | normal |
| Jul 30, 2021 | Aug 13, 2021 | Jul 12, 2021 | $0.51 | normal |
| Apr 30, 2021 | May 14, 2021 | Apr 15, 2021 | $0.51 | normal |
| Jan 29, 2021 | Feb 12, 2021 | Jan 11, 2021 | $0.46 | normal |
| Oct 30, 2020 | Nov 13, 2020 | Oct 9, 2020 | $0.46 | normal |
| Jul 31, 2020 | Aug 14, 2020 | Jul 10, 2020 | $0.44 | normal |
| Apr 30, 2020 | May 15, 2020 | Apr 15, 2020 | $0.44 | normal |
AON has a payout ratio of 18.2% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 33.4%, Aon's payout ratio is 46% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AXS Axis Capital Holdings Ltd | 3.06% | $1.75 | 43.9% |
| MMC Marsh & Mclennan Companies Inc | 1.29% | $2.48 | 37.3% |
| AON Aon plc | 0.71% | $2.35 | 18.2% |
Yes, Aon has been paying dividends for the last 28 years.
AON hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in October 2023.
Aon's last regular dividend was on Jul 31, 2023 (ex-date) with the amount of $0.615 per share.
AON has paid dividend of $2.35 per share in the last year.
Currently Aon's dividend yield is 0.71%.
Aon pays four dividends per year.
Aon's dividend payout ratio is 18.2%.
Aon's dividend yield is less than the Financial Services sector average.