Willis Towers Watson Public Limited Company (WTW) to Issue Quarterly Dividend of $0.96 on October 15th

Willis Towers Watson Public Limited Company (NASDAQ:WTW) announced a quarterly dividend on Thursday, August 27th. Shareholders of record on Wednesday, September 30th will be paid a dividend of 0.96 per share on Thursday, October 15th. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Wednesday, September 30th.

Willis Towers Watson Public has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 8 consecutive years. Willis Towers Watson Public has a payout ratio of 20.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Willis Towers Watson Public to earn $22.68 per share next year, which means the company should continue to be able to cover its $3.84 annual dividend with an expected future payout ratio of 16.9%.

Willis Towers Watson Public Price Performance

NASDAQ:WTW opened at $343.75 on Friday. The business’s 50-day simple moving average is $308.59 and its two-hundred day simple moving average is $289.02. Willis Towers Watson Public has a 52 week low of $240.61 and a 52 week high of $352.79. The stock has a market cap of $31.92 billion, a PE ratio of 21.14, a P/E/G ratio of 0.97 and a beta of 0.42. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Thursday, July 30th. The company reported $3.35 earnings per share for the quarter, topping analysts’ consensus estimates of $3.12 by $0.23. Willis Towers Watson Public had a return on equity of 22.19% and a net margin of 15.49%.The firm had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.42 billion. During the same quarter in the prior year, the company posted $2.86 earnings per share. The business’s quarterly revenue was up 9.1% compared to the same quarter last year. As a group, analysts forecast that Willis Towers Watson Public will post 19.82 EPS for the current fiscal year.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.