Marsh & McLennan Ups Quarterly Dividend
NU Online News Service, May 16, 11:00 a.m. EDT?Marsh & McLennan Companies Inc. said it is raising the company's quarterly cash dividend by 11 percent, to 31 cents from 28 cents per share on its outstanding common stock.
The decision, which has been reached after a voting by the board of directors, will go into effect in mid-August when the new dividend would be paid out to shareholders of record, the company said.
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