Marsh & McLennan Companies, Inc. (MMC) has announced a 10% increase in its quarterly dividend, raising the payout from 81.5 cents to 90 cents per share. This decision was made by the company’s board of directors and will take effect on August 15, 2025, for shareholders on record as of July 24, 2025. This marks the 16th consecutive year of dividend growth for MMC, with a 16-year compound annual growth rate (CAGR) of 9.5%. The dividend yield stands at 1.5%, higher than the industry average of 1.1% as of July 9, 2023.
In 2024, MMC repurchased approximately 4.3 million shares for $900 million and continued with an additional 1.3 million shares repurchased for $300 million in Q1 2025. As of March 31, 2025, the company had around $2 billion remaining in its buyback program. Marsh & McLennan plans to deploy approximately $4.5 billion in capital this year through dividends, acquisitions, and share repurchases, reflecting its strong financial position with cash reserves of $1.6 billion and a 33.1% return on equity, exceeding the industry’s average of 27.6%.
