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.
For the year, net income rose $586 million, from $404 million to $990 million. Net income per share rose $1.02, from 74 cents a share to $1.76. Revenues rose 3 percent, or $343 million, from $11.6 billion to $11.9 billion.
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