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Quarterly Dividend Increased from $.34 to $.375 per Share
NEW YORK--(BUSINESS WIRE)--
Marsh & McLennan Companies, Inc. (NYSE: MMC) today held its annual meeting of stockholders at which the Company announced that its Board of Directors increased the Company's quarterly cash dividend.
The Board of Directors increased the quarterly cash dividend from $.34 to $.375 per share on outstanding common stock. The dividend is payable on August 15, 2017 to stockholders of record on July 11, 2017.
Marsh & McLennan Companies also announced that stockholders elected the entire slate of 2017 director nominees for a one-year term expiring at next year's annual meeting. They are: Anthony K. Anderson, Oscar Fanjul, Daniel S. Glaser, H. Edward Hanway, Deborah C. Hopkins, Elaine La Roche, Steven A. Mills, Bruce P. Nolop, Marc D. Oken, Morton O. Schapiro, Lloyd M. Yates and R. David Yost.
In further business at the annual meeting, stockholders ratified the selection of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2017; approved, by nonbinding vote, the compensation of the Company's named executive officers; and recommended, by nonbinding vote, that a stockholder vote to approve the compensation of our named executive officers should occur every year. Stockholders did not approve the stockholder proposal regarding the Holy Land Principles.
An audio webcast of the Marsh & McLennan Companies 2017 annual meeting can be accessed at http://edge.media-server.com/m/p/de433rsv.
About Marsh & McLennan Companies
MARSH & McLENNAN COMPANIES (NYSE: MMC) is a global professional services firm offering clients advice and solutions in the areas of risk, strategy and people. Marsh is a leader in insurance broking and risk management; Guy Carpenter is a leader in providing risk and reinsurance intermediary services; Mercer is a leader in health, wealth and career consulting; and Oliver Wyman is a leader in management consulting. With annual revenue of more than $13 billion and more than 60,000 colleagues worldwide, Marsh & McLennan Companies provides analysis, advice and transactional capabilities to clients in more than 130 countries. The Company is committed to being a responsible corporate citizen and making a positive impact in the communities in which it operates. Visit www.mmc.com for more information and follow us on LinkedIn and Twitter @MMC_Global.
Marsh & McLennan Companies, Inc.
Source: Marsh & McLennan
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