Tuesday Is Your Last Chance To Buy Marsh & McLennan Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Marsh & McLennan (NYSE:MMC) has announced a quarterly dividend of 71 cents per share, with the ex-dividend date set for Wednesday. Investors must own the stock before this date to be eligible for the dividend, which will be paid out on February 15, 2024. The stock is expected to open 71 cents lower on the ex-dividend date to reflect the payout.

January 19, 2024 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Marsh & McLennan will pay a quarterly dividend of 71 cents per share, with shares expected to open lower by the same amount on the ex-dividend date.
The stock price of Marsh & McLennan is likely to decrease in the short term by the amount of the dividend, as stocks typically drop by the dividend amount on the ex-dividend date. This is a common occurrence and is factored into the price by market participants.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100