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Aon Raises Quarterly Cash Dividend by 10%

By Stephen Nakrosis

 

Aon on Friday said its board approved a 10% increase to the company's quarterly cash dividend to $0.675 per share from $0.615 per share.

The new dividend will be payable on May 15 to shareholders of record on May 1, the company said.

The new dividend of $2.70 on an annual basis represents a yield of 0.8%, based on Friday's closing price of $308 per share.

The company last raised its quarterly dividend in April 2023 to $0.615 per share from $0.56 per share.

Aon is a provider of risk, health and wealth solutions.

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

April 12, 2024 17:16 ET (21:16 GMT)

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