Marsh & McLennan Companies will pay a quarterly dividend of 19 cents a share on common stock payable May 15 to shareholders of record as of April 6.

The New York-based professional services firm reported fourth quarter net income increased $191 million, from $35 to $226 million. That translated into a net income per share increase of 34 cents, going from 6 cents a share to 40 cents.

Revenues increased 9 percent, or $252 million, from $2.8 billion to $3.06 billion in the quarter helped by growth in service revenue and investment income.

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