Published on 15 Apr 2024 on Zacks via Yahoo Finance
AON Boosts Shareholder Value, Approves 10% Dividend Hike
Aon plc’s AON board of directors recently sanctioned a 10% hike in the quarterly cash dividend, aiming to boost shareholder value. With the latest hike, the payout currently stands at 67.5 cents per share compared with the prior payout of 61.5 cents.
Denoting the 13th consecutive year of a dividend hike, the increased dividend will be paid on May 15, 2024, to shareholders of record as of May 1. Based on the stock’s Apr 12 closing price of $308, the new dividend will yield 0.8% to the company. Aon has been a regular dividend-paying company for more than two decades. Besides, its dividend has witnessed a 12-year CAGR of 14%.