Marsh & McLennan Companies (MRSH) Dividend History & Yield
Dividend ContenderMarsh & McLennan Companies (MRSH) has increased its dividend for 17 consecutive years and currently yields 2.20%. The most recent dividend was $0.9000/share on May 15, 2026, paid Quarterly.
Current Yield
2.20%
TTM Dividend/Share
$3.60
Payment Frequency
Quarterly
Payout Ratio
45.0%
Consecutive Growth Years
17 (Dividend Contender)
Div Growth (1Y CAGR)
12.46%
Div Growth (5Y CAGR)
13.26%
Div Growth (10Y CAGR)
11.26%
MRSH: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
15.5%
FCF payout ratio
9.0%
Net debt / EBITDA
3.1x
Interest coverage
6.25x
ROIC (TTM)
12.6%
Dividend Safety Score
6 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 45.0%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($10.27) covers dividend/share ($3.60).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
17 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 9.0%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 3.1x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (13.3%) exceeds EPS growth (8.4%) — payout ratio expanding.
Per-payment dividend history
Ex-date Apr 9, 2026
- Payment date
- May 15, 2026
- Dividend
- $0.9000
- Adj. dividend
- $0.9000
Ex-date Jan 29, 2026
- Payment date
- Feb 13, 2026
- Dividend
- $0.9000
- Adj. dividend
- $0.9000
Ex-date Oct 2, 2025
- Payment date
- Nov 14, 2025
- Dividend
- $0.9000
- Adj. dividend
- $0.9000
Ex-date Jul 24, 2025
- Payment date
- Aug 15, 2025
- Dividend
- $0.9000
- Adj. dividend
- $0.9000
Ex-date Apr 3, 2025
- Payment date
- May 15, 2025
- Dividend
- $0.8150
- Adj. dividend
- $0.8150
Ex-date Jan 30, 2025
- Payment date
- Feb 14, 2025
- Dividend
- $0.8150
- Adj. dividend
- $0.8150
Ex-date Oct 4, 2024
- Payment date
- Nov 15, 2024
- Dividend
- $0.8150
- Adj. dividend
- $0.8150
Ex-date Jul 25, 2024
- Payment date
- Aug 15, 2024
- Dividend
- $0.8150
- Adj. dividend
- $0.8150
Ex-date Apr 3, 2024
- Payment date
- May 15, 2024
- Dividend
- $0.7100
- Adj. dividend
- $0.7100
Ex-date Jan 24, 2024
- Payment date
- Feb 15, 2024
- Dividend
- $0.7100
- Adj. dividend
- $0.7100
Ex-date Oct 5, 2023
- Payment date
- Nov 15, 2023
- Dividend
- $0.7100
- Adj. dividend
- $0.7100
Ex-date Jul 26, 2023
- Payment date
- Aug 15, 2023
- Dividend
- $0.7100
- Adj. dividend
- $0.7100
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Apr 9, 2026 | May 15, 2026 | $0.9000 | $0.9000 |
| Jan 29, 2026 | Feb 13, 2026 | $0.9000 | $0.9000 |
| Oct 2, 2025 | Nov 14, 2025 | $0.9000 | $0.9000 |
| Jul 24, 2025 | Aug 15, 2025 | $0.9000 | $0.9000 |
| Apr 3, 2025 | May 15, 2025 | $0.8150 | $0.8150 |
| Jan 30, 2025 | Feb 14, 2025 | $0.8150 | $0.8150 |
| Oct 4, 2024 | Nov 15, 2024 | $0.8150 | $0.8150 |
| Jul 25, 2024 | Aug 15, 2024 | $0.8150 | $0.8150 |
| Apr 3, 2024 | May 15, 2024 | $0.7100 | $0.7100 |
| Jan 24, 2024 | Feb 15, 2024 | $0.7100 | $0.7100 |
| Oct 5, 2023 | Nov 15, 2023 | $0.7100 | $0.7100 |
| Jul 26, 2023 | Aug 15, 2023 | $0.7100 | $0.7100 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Marsh & McLennan Companies has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 17 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $3.4300 | — | — |
| 2025 | $3.0500 | $3.4300 | +12.5% |
| 2024 | $2.6000 | $3.0500 | +17.3% |
| 2023 | $2.2500 | $2.6000 | +15.6% |
| 2022 | $2.0000 | $2.2500 | +12.5% |
| 2021 | $1.8400 | $2.0000 | +8.7% |
| 2020 | $1.7400 | $1.8400 | +5.7% |
| 2019 | $1.5800 | $1.7400 | +10.1% |
| 2018 | $1.4300 | $1.5800 | +10.5% |
| 2017 | $1.3000 | $1.4300 | +10.0% |
| 2016 | $1.1800 | $1.3000 | +10.2% |
| 2015 | $1.0600 | $1.1800 | +11.3% |
| 2014 | $0.9600 | $1.0600 | +10.4% |
| 2013 | $0.9000 | $0.9600 | +6.7% |
| 2012 | $0.8600 | $0.9000 | +4.7% |
| 2011 | $0.8100 | $0.8600 | +6.2% |
| 2010 | $0.8000 | $0.8100 | +1.3% |
| 2009 | $0.8000 | $0.8000 | 0.0% |
| 2008 | $0.7600 | $0.8000 | +5.3% |
| 2007 | $0.6800 | $0.7600 | +11.8% |
| 2006 | $0.6800 | $0.6800 | 0.0% |
| 2005 | $0.9900 | $0.6800 | -31.3% |
| 2004 | $1.4900 | $0.9900 | -33.6% |
| 2003 | $1.0900 | $1.4900 | +36.7% |
| 2002 | $1.0300 | $1.0900 | +5.8% |
| 2001 | $0.9500 | $1.0300 | +8.4% |
| 2000 | $0.8500 | $0.9500 | +11.8% |
| 1999 | $0.7333 | $0.8500 | +15.9% |
| 1998 | $0.6333 | $0.7333 | +15.8% |
| 1997 | $0.5500 | $0.6333 | +15.2% |
| 1996 | $0.4958 | $0.5500 | +10.9% |
| 1995 | $0.3730 | $0.4958 | +32.9% |
| 1994 | $0.4500 | $0.3730 | -17.1% |
| 1993 | $0.4417 | $0.4500 | +1.9% |
| 1992 | $0.4333 | $0.4417 | +1.9% |
| 1991 | $0.3382 | $0.4333 | +28.1% |
| 1990 | $0.4167 | $0.3382 | -18.8% |
| 1989 | $0.4042 | $0.4167 | +3.1% |
| 1988 | $0.2792 | $0.4042 | +44.8% |
| 1987 | $0.2833 | $0.2792 | -1.5% |
| 1986 | $0.2625 | $0.2833 | +7.9% |
| 1985 | $0.1875 | $0.2625 | +40.0% |
| 1984 | $0.1833 | $0.1875 | +2.3% |
| 1983 | — | $0.1833 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Marsh & McLennan Companies (MRSH) from the consolidated cash flow statement, in USD as filed.
Latest period
$1.73B
YoY change
+12.3%
5Y CAGR
+12.5%
Peak year (2025)
$1.70B
Latest annual
$1.70B
Cash dividends paid over time for Marsh & McLennan Companies (MRSH)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Marsh & McLennan Companies (MRSH)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $1.70B | +12.3% | +$186.00M | ||
| 2024 | $1.51B | +16.6% | +$215.00M | ||
| 2023 | $1.30B | +14.1% | +$160.00M | ||
| 2022 | $1.14B | +10.9% | +$112.00M | ||
| 2021 | $1.03B | +8.8% | +$83.00M | ||
| 2020 | $943.00M | +7.2% | +$63.00M | ||
| 2019 | $880.00M | +9.0% | +$73.00M | ||
| 2018 | $807.00M | +9.1% | +$67.00M | ||
| 2017 | $740.00M | +8.5% | +$58.00M | ||
| 2016 | $682.00M | +7.9% | +$50.00M | ||
| 2015 | $632.00M | +8.6% | +$50.00M | ||
| 2014 | $582.00M | +9.2% | +$49.00M | ||
| 2013 | $533.00M | +7.2% | +$36.00M | ||
| 2012 | $497.00M | +3.5% | +$17.00M | ||
| 2011 | $480.00M | +6.2% | +$28.00M | ||
| 2010 | $452.00M | +4.9% | +$21.00M | ||
| 2009 | $431.00M | +4.6% | +$19.00M | ||
| 2008 | $412.00M | -0.2% | -$1.00M | ||
| 2007 | $413.00M | +10.4% | +$39.00M | ||
| 2006 | $374.00M | +3.0% | +$11.00M | ||
| 2005 | $363.00M | -46.7% | -$318.00M | ||
| 2004 | $681.00M | +7.9% | +$50.00M | ||
| 2003 | $631.00M | +6.4% | +$38.00M | ||
| 2002 | $593.00M | +4.6% | +$26.00M | ||
| 2001 | $567.00M | +10.3% | +$53.00M | ||
| 2000 | $514.00M | +15.0% | +$67.00M | ||
| 1999 | $447.00M | +19.2% | +$72.00M | ||
| 1998 | $375.00M | +22.5% | +$69.00M | ||
| 1997 | $306.00M | +28.0% | +$67.00M | ||
| 1996 | $239.00M | +10.1% | +$22.00M | ||
| 1995 | $217.00M | +5.1% | +$10.60M | ||
| 1994 | $206.40M | +4.0% | +$7.90M | ||
| 1993 | $198.50M | +3.9% | +$7.40M | ||
| 1992 | $191.10M | +0.3% | +$500,000 | ||
| 1991 | $190.60M | +2.1% | +$3.90M | ||
| 1990 | $186.70M | +3.9% | +$7.00M | ||
| 1989 | $179.70M | — | — |
As of the 2025 fiscal year, Marsh & McLennan Companies (MRSH) reported dividends paid of $1.70B – grew 12.3% year-over-year.
Across 2020–2025 (5 years), Marsh & McLennan Companies dividends paid produced a CAGR of +12.5% – sustaining 17 straight years of year-over-year growth.
The highest annual dividends paid of $1.70B was reported in 2025. The lowest in the available history was $179.70M in 1989.
Marsh & McLennan Companies (MRSH) sits 8th of 8 Financial Services peers we track on this metric, against a peer median of $5.36B.
Marsh & McLennan Companies Dividends Paid 2025: $1.70B
Marsh & McLennan Companies dividends paid in 2025 was $1.70B, grew 12.3% from 2024. This figure represents the highest annual value in the available history.
Marsh & McLennan Companies Dividends Paid 2024: $1.51B
Marsh & McLennan Companies dividends paid in 2024 was $1.51B, grew 16.6% from 2023.
Marsh & McLennan Companies Dividends Paid 2023: $1.30B
Marsh & McLennan Companies dividends paid in 2023 was $1.30B, grew 14.1% from 2022.
Marsh & McLennan Companies Dividends Paid 2022: $1.14B
Marsh & McLennan Companies dividends paid in 2022 was $1.14B, grew 10.9% from 2021.
Marsh & McLennan Companies Dividends Paid 2021: $1.03B
Marsh & McLennan Companies dividends paid in 2021 was $1.03B.
See more financial history for Marsh & McLennan Companies (MRSH).
Sector peers by dividends paid
Companies in the same sector as Marsh & McLennan Companies, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| JPMorgan Chase (JPM) | $16.63B | Financial Services |
| Bank of America (BAC) | $9.56B | Financial Services |
| Morgan Stanley (MS) | $6.59B | Financial Services |
| Wells Fargo (WFC) | $5.43B | Financial Services |
| Goldman Sachs (GS) | $5.28B | Financial Services |
| Visa (V) | $4.63B | Financial Services |
| Mastercard (MA) | $2.76B | Financial Services |
| Berkshire Hathaway (BRK-B) | $0 | Financial Services |
Frequently asked questions
Does Marsh & McLennan Companies pay dividends?
Yes, Marsh & McLennan Companies (MRSH) pays quarterly dividends of approximately $3.60 per share annually, yielding 2.20%.
What is Marsh & McLennan Companies's dividend yield?
Marsh & McLennan Companies (MRSH) has a current dividend yield of 2.20%.
Is Marsh & McLennan Companies's dividend safe?
Marsh & McLennan Companies (MRSH) passes 6 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Marsh & McLennan Companies increased its dividend?
Marsh & McLennan Companies (MRSH) has 17 consecutive years of dividend increases.
What is Marsh & McLennan Companies's dividend payout ratio?
Marsh & McLennan Companies (MRSH) has a dividend payout ratio of 45.0%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Marsh & McLennan Companies's dividends paid?
Latest reported dividends paid for Marsh & McLennan Companies (MRSH) is $1.73B (period ending March 31, 2026).
How has Marsh & McLennan Companies dividends paid changed year-over-year?
Marsh & McLennan Companies (MRSH) dividends paid changed +12.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Marsh & McLennan Companies dividends paid?
Marsh & McLennan Companies (MRSH) dividends paid compound annual growth rate is +12.5% over the most recent 5 years available.
When did Marsh & McLennan Companies dividends paid hit its highest annual value?
Marsh & McLennan Companies dividends paid reached its highest annual value of $1.70B in 2025.
What was Marsh & McLennan Companies dividends paid in 2024?
Marsh & McLennan Companies (MRSH) dividends paid in 2024 was $1.51B.
What was Marsh & McLennan Companies dividends paid in 2025?
Marsh & McLennan Companies (MRSH) dividends paid in 2025 was $1.70B.
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