NU Online News Service, July 20, 12:33 p.m. EDT

Aon Corp. announced that it will pay a quarterly cash dividend of 15 cents per share on outstanding common stock on Aug. 17 to shareholders of record as of Aug. 3.

The 15 cent dividend amount remained the same from this year's first quarter.

For the first quarter of this year, the Chicago-based insurance broker reported net income increased 28 percent to $280 million, or 97 cents a share, compared to $218 million, or 68 cents per share for the same period last year.

Total revenue decreased 3 percent, or $51 million, to $1.9 billion for the period.

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