Marsh & McLennan Companies Inc. declared a quarterly dividend of 19 cents a share on common stock payable on Nov. 15 to shareholders of record on Oct. 15.
MMC earnings per share in the second quarter were flat at 31 cents as the firm reported net income increased slightly, up 3 percent ($5 million) to $177 million compared with the same period last year, when revenues grew 7 percent ($185 million) to $2.8 billion.
For the first half of the year, net income dropped 24 percent (down $143 million) to $445 million, while earnings per share were off 26 cents to 79 cents. Revenues rose 6 percent ($323 million) to $5.6 billion.
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