Aon plc (AON) To Go Ex-Dividend on August 3rd

Aon plc (NYSE:AON) announced a quarterly dividend on Friday, July 10th. Stockholders of record on Monday, August 3rd will be given a dividend of 0.82 per share by the financial services provider on Friday, August 14th. This represents a c) dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, August 3rd.

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% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect AON to earn $21.23 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 15.4%.

AON Trading Down 1.6%

Shares of AON stock opened at $360.71 on Friday. AON has a 12-month low of $304.59 and a 12-month high of $382.34. The company has a market capitalization of $77.04 billion, a PE ratio of 19.88, a price-to-earnings-growth ratio of 1.89 and a beta of 0.71. The firm has a 50 day moving average price of $341.22 and a two-hundred day moving average price of $332.07. The company has a quick ratio of 1.95, a current ratio of 1.54 and a debt-to-equity ratio of 1.34.

AON (NYSE:AON) last announced its earnings results on Wednesday, July 29th. The financial services provider reported $3.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.80 by $0.01. The company had revenue of $4.25 billion during the quarter, compared to analysts’ expectations of $4.28 billion. AON had a net margin of 22.27% and a return on equity of 42.13%. AON’s quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.49 earnings per share. As a group, analysts predict that AON will post 19.09 earnings per share for the current year.

About AON

Aon plc is a global professional services firm that provides a broad suite of risk, retirement and health solutions to corporations, institutions and individuals. The company operates primarily as an insurance broker and risk adviser, helping clients identify, quantify and transfer risk across property, casualty, cyber and other areas. Aon also offers reinsurance brokerage and capital market solutions that connect insurers, reinsurers and corporate buyers.

In addition to traditional brokerage activities, Aon delivers consulting and outsourcing services in areas such as human capital, benefits, and retirement plan design and administration.