Marsh & McLennan: Dividend Insights
Portfolio Pulse from Benzinga Insights
Marsh & McLennan (NYSE:MMC) announced a quarterly dividend of 71 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 71 cents lower. Shareholders owning MMC by the end of Tuesday's session will be eligible for the dividend, which will be paid out on August 15, 2023.
July 21, 2023 | 2:45 pm
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NEGATIVE IMPACT
Marsh & McLennan's announcement of a 71 cents per share dividend may cause the stock to open lower on Wednesday. However, this could be an attractive opportunity for dividend investors.
The announcement of a dividend often leads to a decrease in the stock's price on the ex-dividend date, as the stock will trade lower to reflect the payout. However, this could be seen as an attractive opportunity for investors looking for dividend-paying stocks. The impact is highly relevant as the news directly pertains to MMC and is important for investors in the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100