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NEW YORK - Marsh McLennan (NYSE: MMC), a global professional services firm, has announced a quarterly dividend of $0.815 per share on its outstanding common stock. The dividend is scheduled to be paid on May 15, 2025, to shareholders of record as of April 3, 2025. According to InvestingPro data, the company has maintained dividend payments for 55 consecutive years, with a current yield of 1.4% and impressive dividend growth of 14.79% over the last twelve months.
Marsh McLennan operates through four main business segments: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. The company serves clients in over 130 countries and has generated revenues of $24.46 billion in the last twelve months. With a workforce of more than 90,000 employees and a market capitalization of $112.88 billion, Marsh McLennan positions itself as a leader in advising on risk, strategy, and human capital. InvestingPro analysis indicates the company maintains good overall financial health, with strong profitability metrics and stable growth.
The declaration of the dividend reflects the company’s continued commitment to providing returns to its investors. Dividends are a way for companies to distribute a portion of their earnings back to shareholders, and the amount declared can be an indicator of a company’s financial health and stability.
Investors often view regular and consistent dividend payments as a sign of a company’s strong financial performance and management’s confidence in the business’s cash flow. For Marsh McLennan, this quarterly dividend announcement is in line with its practice of rewarding its stockholders and could potentially be of interest to investors looking for steady income streams.
The information provided in this article is based on a press release statement from Marsh McLennan.
In other recent news, Marsh & McLennan reported strong financial results for the fourth quarter of 2024, with earnings per share (EPS) of $1.87, surpassing the forecasted $1.77. The company’s revenue also exceeded expectations, reaching $6.07 billion, compared to the projected $5.93 billion. In addition to these earnings highlights, Marsh & McLennan announced its agreement to acquire SECOR Asset Management, which will enhance its investment solutions for institutional investors. This acquisition is part of Marsh & McLennan’s broader strategy to expand its wealth management services.
Analyst firms have had varied responses to Marsh & McLennan’s recent performance and outlook. Raymond James has raised its price target for the company to $250, maintaining a Strong Buy rating, citing potential growth and margin expansion. Conversely, Keefe, Bruyette & Woods lowered its price target to $210, with an Underperform rating, due to anticipated lower margins and earnings per share estimates. Goldman Sachs maintained a Sell rating with a price target of $204, expressing concerns over margin estimates and cash flow challenges.
The company’s recent acquisition of McGriff is expected to be modestly accretive to adjusted EPS in 2025, with greater benefits anticipated in 2026. Marsh & McLennan’s strategic acquisitions and strong financial performance continue to position it as a significant player in the investment advisory market.
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