By Stephen Nakrosis
Aon on Friday said its board approved a 10% increase to the company's quarterly cash dividend to $0.675 per share from $0.615 per share.
The new dividend will be payable on May 15 to shareholders of record on May 1, the company said.
The new dividend of $2.70 on an annual basis represents a yield of 0.8%, based on Friday's closing price of $308 per share.
The company last raised its quarterly dividend in April 2023 to $0.615 per share from $0.56 per share.
Aon is a provider of risk, health and wealth solutions.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
04-12-24 1716ET