Aon Corp. insurance brokerage announced it would pay a quarterlydividend of 15 cents per common share payable Aug. 15 to holders ofrecord as of Aug. 2.
For the first quarter, Chicago-based Aon reported net incomeincreased $30 million, or 18 percent, going from $170 million, or51 cents a share, to $200 million, or 59 cents a share. Revenues inthe quarter dropped 2 percent, or $53 million, going from $2.56billion to $2.51 billion.
Despite a loss in revenues from contingent commissions in itsinsurance brokerage division, the company posted an increase in itsconsulting and underwriting business. The company also creditedcost controls for its performance.
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