Arthur J. Gallagher (AJG) Raises Quarterly Dividend 2.8% to $0.37; 3.3% Yield
Get Alerts AJG Hot Sheet
Overall Analyst Rating:
NEUTRAL ( Down)
Dividend Yield: 1%
Revenue Growth %: +19.1%
Join SI Premium – FREE
Arthur J. Gallagher (NYSE: AJG) declared a quarterly dividend of $0.37 per share, or $1.48 annualized. This is a 2.8% increase from the prior dividend of $0.36.
The dividend will be payable on March 20, 2015, to stockholders of record on March 4, 2015, with an ex-dividend date of March 2, 2015.
The annual yield on the dividend is 3.3 percent.
"Today's announcement is the fifth year in a row that the Board has increased the dividend and the 27th increase since we went public in 1984. This increase reflects the Board's confidence in Gallagher's continued execution on its growth strategy and strong financial position," said J. Patrick Gallagher, Jr, Chairman, President and CEO. "As in previous years, the Board continues to focus on delivering a consistent return to its stockholders."
For a dividend history and other dividend-related data on Arthur J. Gallagher (AJG) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Utz Brands (UTZ) Raises Quarterly Dividend 3.5% to $0.236; 5.1% Yield
- John Wiley & Sons, Inc. (WLY) Declares $0.35 Quarterly Dividend; 3.8% Yield
- Chimera Investment (CIM) Declares $0.11 Quarterly Dividend; 9.5% Yield
Create E-mail Alert Related Categories
Dividend Hike, DividendsRelated Entities
DividendSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!