Marsh McLennan Increases Quarterly Cash Dividend From $0.59 To $0.71/Share
Portfolio Pulse from Happy Mohamed
Marsh McLennan's Board of Directors has declared a 20% increase in the quarterly dividend from $0.590 to $0.710 per share on outstanding common stock. The dividend will be payable on August 15, 2023, to stockholders of record on July 27, 2023.
July 11, 2023 | 12:16 pm
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POSITIVE IMPACT
Marsh McLennan's dividend increase could potentially attract more investors, leading to a positive impact on its stock price in the short term.
Dividend increases are generally seen as a positive signal by the market, indicating a company's confidence in its future earnings. This could attract more investors to Marsh McLennan, potentially leading to an increase in demand for its shares and a rise in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100