Aon plc (AON) To Go Ex-Dividend on November 2nd

Aon plc (NYSE:AON) announced a quarterly dividend on Friday, October 9th. Investors of record on Monday, November 2nd will be paid a dividend of $0.82 per share by the financial services provider on Friday, November 13th. This represents a $3.28 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Monday, November 2nd.

AON has raised its dividend by an average of 0.1% per year over the last three years. AON has a dividend payout ratio of 18.9% indicating that its dividend is sufficiently covered by earnings. Research analysts expect AON to earn $20.08 per share next year, which means the company should continue to be able to cover its $3.28 annual dividend with an expected future payout ratio of 16.3%.

AON Price Performance

Shares of AON stock opened at $321.75 on Friday. The company has a debt-to-equity ratio of 2.58, a quick ratio of 1.54 and a current ratio of 4.72. AON has a fifty-two week low of $266.33 and a fifty-two week high of $382.34. The stock’s 50-day simple moving average is $302.17 and its 200-day simple moving average is $326.08. The firm has a market capitalization of $68.26 billion, a price-to-earnings ratio of 17.62, a PEG ratio of 1.68 and a beta of 0.70.

AON (NYSE:AON) last posted its quarterly earnings results on Wednesday, October 28th. The financial services provider reported $3.36 EPS for the quarter, topping the consensus estimate of $3.30 by $0.06. AON had a return on equity of 40.46% and a net margin of 22.24%. The business had revenue of $4.10 billion for the quarter, compared to analyst estimates of $4.08 billion. During the same quarter in the previous year, the firm earned $3.05 EPS. The company’s quarterly revenue was up 2.6% compared to the same quarter last year. As a group, equities analysts forecast that AON will post 18.63 earnings per share for the current fiscal year.

About AON

Aon plc is a global professional services firm that helps organizations manage risk, make informed decisions and improve workforce outcomes. Its services span commercial risk, health, retirement and investments, and data and analytics.

The company provides insurance brokerage and risk-management services, including coverage placement, claims support, risk transfer and consulting. Through its reinsurance business, Aon also serves insurers and other organizations seeking to manage catastrophe, capital and underwriting risks.

Aon’s human capital offerings include employee benefits consulting, retirement advisory services, talent and compensation consulting, and health and workforce solutions.