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Quarterly Dividend Increased from $.375 to $.415
Marsh & McLennan Companies, Inc. (NYSE:MMC) today held its annual meeting of stockholders at which the Company announced its Board of Directors increased the Company’s quarterly cash dividend.
The Board of Directors increased the quarterly cash dividend from $.375 to $.415 per share on outstanding common stock, payable on August 15, 2018, to stockholders of record on July 11, 2018.
Marsh & McLennan Companies also announced that stockholders elected the entire slate of 2018 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 2018; approved, by nonbinding vote, the compensation of the Company’s named executive officers; and approved the issuance of additional shares for two Company stock purchase plans.
About Marsh & McLennan Companies
Marsh & McLennan (NYSE: MMC) is the world's leading professional services firm in the areas of risk, strategy and people. The company's nearly 65,000 colleagues advise clients in over 130 countries. With annual revenue over $14 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading firms. Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients.
|Marsh & McLennan Companies|
|Laura Schooler, +1 212 345 0370|
|Dan Farrell, +1 212 345 3713|
Marsh & McLennan Companies, Inc.
Source: Marsh & McLennan
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