Marsh Declares Dividend
NU Online News Service, Sept. 20, 11:16 a.m. EST?Marsh & McLennan Companies Inc. in New York has declared a quarterly dividend of 28 cents per share on outstanding common stock. Payments will be made on Nov. 15 to shareholders of record as of Oct. 15.
For the three months ending June 30, the firm reported net income increased $43 million, from $293 million in the second quarter of 2001 to $336 million for the same period this year.
Earnings per share increased 9 cents, or 18 percent, rising from 51 cents for the second quarter of 2001 to 60 cents in 2002.
MMC reported total revenues increased 3 percent, rising from $2.5 billion for the second quarter of 2001 to $2.6 billion.
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