Aon plc (NYSE:AON) Shareholders Set to Receive $0.82 Quarterly Dividend

Aon plc (NYSE:AON) declared a quarterly dividend on Friday, October 9th. Stockholders of record on Monday, November 2nd will be paid a dividend of $0.82 per share by the financial services provider on Friday, November 13th. This represents a $3.28 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Monday, November 2nd.

AON has raised its dividend payment by an average of 0.1% annually over the last three years. AON has a dividend payout ratio of 18.9% meaning its dividend is sufficiently covered by earnings. Research analysts expect AON to earn $20.08 per share next year, which means the company should continue to be able to cover its $3.28 annual dividend with an expected future payout ratio of 16.3%.

AON Stock Performance

AON stock opened at $321.75 on Friday. The company has a current ratio of 4.72, a quick ratio of 1.54 and a debt-to-equity ratio of 2.58. The firm has a 50-day moving average of $302.17 and a 200-day moving average of $326.08. The firm has a market cap of $68.26 billion, a P/E ratio of 17.62, a P/E/G ratio of 1.68 and a beta of 0.70. AON has a 1-year low of $266.33 and a 1-year high of $382.34.

AON (NYSE:AON) last announced its quarterly earnings results on Wednesday, October 28th. The financial services provider reported $3.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.30 by $0.06. The company had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.08 billion. AON had a return on equity of 40.46% and a net margin of 22.24%. AON’s revenue was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.05 EPS. Sell-side analysts expect that AON will post 18.63 EPS for the current year.

About AON

Aon plc is a global professional services firm that helps organizations manage risk, make informed decisions and improve workforce outcomes. Its services span commercial risk, health, retirement and investments, and data and analytics.

The company provides insurance brokerage and risk-management services, including coverage placement, claims support, risk transfer and consulting. Through its reinsurance business, Aon also serves insurers and other organizations seeking to manage catastrophe, capital and underwriting risks.

Aon’s human capital offerings include employee benefits consulting, retirement advisory services, talent and compensation consulting, and health and workforce solutions.