Trailing Dividend / Share
$3.05
Marsh & McLennan Companies, Inc. (MMC) Dividend History
Income profile from 1983 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
1.8%
Payout Ratio
37.3%
Sustainable
Dividend Streak
16 years
MMC Dividend Income Check
Safety
37.3% payout ratio with sustainable safety profile.
Consistency
16 straight years of dividend increases.
Income Trend
Yield on cost is 3.0% and trend is rising.
MMC Dividend Scorecard
Yield & Income
Dividend Yield1.8%
Trailing DPS$3.05
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout37.3%
Earnings SafetySustainable
FCF Payout29.2%
FCF SafetyWell Covered
Piotroski F-Score6/9
Growth
Growth Streak16 years
3Y CAGR15.1%
5Y CAGR13.3%
Yield on Cost (5Y)3.0%
YOC Trendrising
Total Returns
Buyback Yield1.1%
Total Shareholder Yield2.8%
1Y Total Return-17.1%
5Y Total Return40.2%
Div Contribution (5Y)10.6%
Estimated $10K growth (return + dividends):
5Y ago$14,01710Y ago$29,55620Y ago$75,156
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
MMC Income Growth Story
Dividend per share and yield on cost over time (44 years of payments)
MMC Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Dividend Analysis
Payout Safety
Marsh & McLennan Companies, Inc. distributes 37.3% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 29.2%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
MMC has raised its dividend for 16 consecutive years, with a 3-year CAGR of 15.1% and 5-year CAGR of 13.3%.
Total Shareholder Returns
Beyond cash dividends, MMC returns capital through share repurchases. The combined picture: 1.8% dividend yield, 1.1% buyback yield, 2.8% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 3.0% and is currently rising. The 5-year total return is 40.2%, with dividends contributing 10.6% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $29,556 today.
MMC Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$14.20
Avg/Payment$0.7100
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Apr 9, 2026Latest | $0.9000 | — | 2.10% | May 15, 2026 |
| Jan 29, 2026 | $0.9000 | — | 1.87% | Feb 13, 2026 |
| Oct 2, 2025 | $0.9000 | — | 1.72% | Nov 14, 2025 |
| Jul 24, 2025 | $0.9000 | ↑ +10.4% | 1.61% | Aug 15, 2025 |
| Apr 3, 2025 | $0.8150 | — | 1.33% | May 15, 2025 |
| Jan 30, 2025 | $0.8150 | — | 1.43% | Feb 14, 2025 |
| Oct 4, 2024 | $0.8150 | — | 1.37% | Nov 15, 2024 |
| Jul 25, 2024 | $0.8150 | ↑ +14.8% | 1.36% | Aug 15, 2024 |
MMC Dividend vs Peers
Comparable companies in the same industry
#2 yield in peer group
Div Yield
1.8%
#2 of 9
Safety
Sustainable
37.3% payout
Streak
16Y
13.3% 5Y CAGR
Total Shareholder
2.8%
#5 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
2nd MMCMarsh & McLennan Com… | $85.3B | 1.8% | 37.3% | 16 | Sustainable |
 AONAon plc | $68.1B | 0.9% | 17.0% | 14 | Sustainable |
3rd  WTWWillis Towers Watson… | $24.1B | 1.4% | 22.3% | 9 | Sustainable |
 AJGArthur J. Gallagher … | $55.0B | 1.2% | 44.6% | 15 | Sustainable |
 BROBrown & Brown, Inc. | $20.1B | 1.0% | 18.4% | 32 | Sustainable |
 MCOMoody's Corporation | $79.9B | 0.9% | 28.5% | 16 | Sustainable |
 SPGIS&P Global Inc. | $121.6B | 0.9% | 26.2% | 41 | Sustainable |
1st  HWCHancock Whitney Corp… | $5.7B | 2.6% | 31.6% | 3 | Sustainable |
 RYANRyan Specialty Holdi… | $4.5B | 0.6% | 98.3% | 2 | At Risk |
MMC Annual Dividend History (1983–2026)
44 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.80 | — | 2 | — | — | — | 1.6% |
| 2025 | $3.43 | 12.5% | 4 | — | — | — | 3.0% |
| 2024 | $3.05 | 17.3% | 4 | $8.18 | 37.3% | 2.68x | 2.7% |
| 2023 | $2.60 | 15.6% | 4 | $7.53 | 34.5% | 2.90x | 2.3% |
| 2022 | $2.25 | 12.5% | 4 | $6.04 | 37.3% | 2.68x | 2.0% |
| 2021 | $2.00 | 8.7% | 4 | $6.13 | 32.6% | 3.06x | 1.8% |
| 2020 | $1.84 | 5.7% | 4 | $3.94 | 46.7% | 2.14x | 1.6% |
| 2019 | $1.74 | 10.1% | 4 | $3.41 | 51.0% | 1.96x | 1.5% |
| 2018 | $1.58 | 10.5% | 4 | $3.23 | 48.9% | 2.04x | 1.4% |
| 2017 | $1.43 | 10.0% | 4 | $2.87 | 49.8% | 2.01x | 1.3% |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into MMC consensus models and risk factors.
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
43+ years return with dividends reinvested.
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DCA Calculator
See how regular investing compounds over time.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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MMC — Frequently Asked Questions
Quick answers to the most common questions about buying MMC stock.
How much dividend does MMC pay per share?
Marsh & McLennan Companies, Inc. (MMC) pays a trailing 12-month dividend of $3.05 per share, with a current dividend yield of +1.8%. Payments are made Semi-Annual.
When is MMC's next ex-dividend date?
MMC's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. MMC typically pays dividends Semi-Annual.
Is MMC's dividend safe?
MMC's dividend safety is rated "Sustainable" based on an earnings payout ratio of +37.3% and FCF payout ratio of +29.2%. With 16 consecutive years of dividend growth, the track record supports sustainability.
Is MMC a Dividend Achiever?
Yes, Marsh & McLennan Companies, Inc. is classified as a Dividend Achiever with 16 consecutive years of dividend increases. The 5-year dividend CAGR is +13.3%, demonstrating above-inflation dividend growth.
How often does MMC pay dividends?
Marsh & McLennan Companies, Inc. pays dividends Semi-Annual. The trailing 12-month total is $3.05 per share. Dividend data on this page covers 43+ years from 1983 to 2026.
How much would $10,000 invested in MMC grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in MMC five years ago would be worth approximately $14,017 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is MMC's yield on cost for long-term holders?
MMC's yield on cost — the current dividend divided by the original purchase price — is +3.0% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.8% market yield, thanks to consistent dividend growth.