Marsh & Mclennan Companies's last quarterly dividend of $0.71 per share was on Jul 26, 2023 (ex-date). At an annualized rate of $2.48 per share, the stock yields 1.3%. The latest MMC payout of $0.71 marks a dividend growth of 20%.
MMC has a dividend yield of 1.3% which is below the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 3.73%, Marsh & Mclennan Companies's dividend yield is 65% lower. Historically MMC's dividend yield has averaged at 1.6% in the last 5 years, which is more than the current yield.
Marsh & Mclennan Companies has a history of paying dividends since 1994. Our records of MMC show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 13% since one year ago. However with the stock price up by 27% from a year ago, the dividend yield marks a decrease of 12%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jul 26, 2023 | Aug 15, 2023 | Jul 11, 2023 | $0.71 | normal |
| Apr 4, 2023 | May 15, 2023 | Mar 15, 2023 | $0.59 | normal |
| Jan 25, 2023 | Feb 15, 2023 | Jan 11, 2023 | $0.59 | normal |
| Oct 6, 2022 | Nov 15, 2022 | Sep 22, 2022 | $0.59 | normal |
| Jul 27, 2022 | Aug 15, 2022 | Jul 13, 2022 | $0.59 | normal |
| Apr 5, 2022 | May 13, 2022 | Mar 23, 2022 | $0.535 | normal |
| Jan 26, 2022 | Feb 15, 2022 | Jan 12, 2022 | $0.535 | normal |
| Oct 7, 2021 | Nov 15, 2021 | Sep 22, 2021 | $0.535 | normal |
| Jul 28, 2021 | Aug 13, 2021 | Jul 14, 2021 | $0.535 | normal |
| Apr 6, 2021 | May 14, 2021 | Mar 17, 2021 | $0.465 | normal |
| Jan 29, 2021 | Feb 12, 2021 | Jan 20, 2021 | $0.465 | normal |
| Oct 8, 2020 | Nov 13, 2020 | Sep 23, 2020 | $0.465 | normal |
| Jul 24, 2020 | Aug 14, 2020 | Jul 15, 2020 | $0.465 | normal |
| Apr 7, 2020 | May 15, 2020 | Mar 11, 2020 | $0.455 | normal |
| Jan 28, 2020 | Feb 14, 2020 | Jan 15, 2020 | $0.455 | normal |
| Oct 10, 2019 | Nov 15, 2019 | Sep 18, 2019 | $0.455 | normal |
| Jul 10, 2019 | Aug 15, 2019 | May 16, 2019 | $0.455 | normal |
| Apr 9, 2019 | May 15, 2019 | Mar 20, 2019 | $0.415 | normal |
| Jan 29, 2019 | Feb 15, 2019 | Jan 16, 2019 | $0.415 | normal |
| Oct 10, 2018 | Nov 15, 2018 | Sep 26, 2018 | $0.415 | normal |
| Jul 10, 2018 | Aug 15, 2018 | May 17, 2018 | $0.415 | normal |
| Apr 9, 2018 | May 15, 2018 | Mar 21, 2018 | $0.375 | normal |
| Jan 30, 2018 | Feb 15, 2018 | Jan 17, 2018 | $0.375 | normal |
| Oct 6, 2017 | Nov 15, 2017 | Sep 19, 2017 | $0.375 | normal |
| Jul 7, 2017 | Aug 15, 2017 | May 18, 2017 | $0.375 | normal |
| Apr 5, 2017 | May 15, 2017 | Mar 15, 2017 | $0.34 | normal |
| Jan 23, 2017 | Feb 15, 2017 | Jan 11, 2017 | $0.34 | normal |
| Oct 6, 2016 | Nov 15, 2016 | Sep 21, 2016 | $0.34 | normal |
| Jul 7, 2016 | Aug 15, 2016 | May 19, 2016 | $0.34 | normal |
| Apr 6, 2016 | May 13, 2016 | Mar 16, 2016 | $0.31 | normal |
| Jan 21, 2016 | Feb 12, 2016 | Jan 13, 2016 | $0.31 | normal |
| Oct 7, 2015 | Nov 13, 2015 | Sep 16, 2015 | $0.31 | normal |
MMC has a payout ratio of 37.3% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 33.5%, Marsh & Mclennan Companies's payout ratio is 11% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AXS Axis Capital Holdings Ltd | 3.15% | $1.76 | 44.1% |
| MMC Marsh & Mclennan Companies Inc | 1.32% | $2.48 | 37.3% |
| AON Aon plc | 0.73% | $2.35 | 18.2% |
| VRSK Verisk Analytics Inc | 0.56% | $1.33 | 39.7% |
Yes, Marsh & Mclennan Companies has paid four dividends in the last 12 months. MMC has been paying dividends since 1994.
MMC's next dividend date is Oct 5, 2023 (ex-date).
Marsh & Mclennan Companies's last regular dividend was on Jul 26, 2023 (ex-date) with the amount of $0.71 per share.
MMC has paid dividend of $2.48 per share in the last year.
Marsh & Mclennan Companies's current dividend yield is 1.3%.
Marsh & Mclennan Companies pays dividends quarterly.
Marsh & Mclennan Companies's dividend payout ratio is 37.3%.
Marsh & Mclennan Companies's dividend yield is less than the Financial Services sector average.