Current Yield
2.09%
TTM Dividend/Share
$3.60
Payment Frequency
Quarterly
Payout Ratio
45.0%
Consecutive Growth Years
17 (Dividend Contender)
Key takeaways
- Dividend Contender — Marsh & McLennan Companies (MRSH) has raised its dividend for 17 consecutive years.
- Marsh & McLennan Companies (MRSH) currently yields 2.09%, paying $3.60 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 45.0% — the share of earnings distributed as dividends.
- 7 of 8 dividend safety checks passed.
- 5-year dividend CAGR of 13.26%.
Dividend yield valuation for Marsh & McLennan Companies (MRSH)
Current dividend yield vs its own 1Y / 3Y / 5Y historical averages — a rough valuation signal.
Valuation zone | Above average — potential buy zone |
Current yield (now) | 2.09% |
1-year average yield | 1.88%now 0.21 pp above |
3-year average yield | 1.57%now 0.52 pp above |
5-year average yield | 1.45%now 0.64 pp above |
MRSH: a yield above its history can signal value (or risk); below can signal a rich price. One valuation signal among many — review fundamentals before investing.
Dividend health for Marsh & McLennan Companies (MRSH)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 15.4% |
FCF payout ratio | 9.0% |
Net debt / EBITDA | 3.1x |
Interest coverage | 6.25x |
ROIC (TTM) | 12.6% |
Dividend safety score for Marsh & McLennan Companies (MRSH)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
7 of 8 checks passed
Payout ratio below 75%
Payout ratio is 45.0%, well below the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $3.2B — FCF fully covers the payout.
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%) ≤ EPS growth (19.5%) — sustainable.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
174 payments from 1983 to 2026 · Adj. Dividend is split-adjusted
| 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 |
- Apr 9, 2026$0.9000
- Jan 29, 2026$0.9000
- Oct 2, 2025$0.9000
- Jul 24, 2025$0.9000
- Apr 3, 2025$0.8150
- Jan 30, 2025$0.8150
- Oct 4, 2024$0.8150
- Jul 25, 2024$0.8150
- Apr 3, 2024$0.7100
- Jan 24, 2024$0.7100
- Oct 5, 2023$0.7100
- Jul 26, 2023$0.7100
Historical dividend yield for Marsh & McLennan Companies (MRSH)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 1.88%5Y: 1.45%10Y: 1.61%
Dividend per share for Marsh & McLennan Companies (MRSH)
CAGR (per year)1Y: 12.46%5Y: 13.26%10Y: 11.26%→ Stable
| Year | Total ($/share) | Payments |
|---|---|---|
| 1983 | $0.18 | 4 |
| 1984 | $0.19 | 4 |
| 1985 | $0.26 | 5 |
| 1986 | $0.28 | 4 |
| 1987 | $0.28 | 3 |
| 1988 | $0.40 | 4 |
| 1989 | $0.42 | 4 |
| 1990 | $0.34 | 4 |
| 1991 | $0.43 | 4 |
| 1992 | $0.44 | 4 |
| 1993 | $0.45 | 4 |
| 1994 | $0.37 | 4 |
| 1995 | $0.50 | 4 |
| 1996 | $0.55 | 4 |
| 1997 | $0.63 | 4 |
| 1998 | $0.73 | 4 |
| 1999 | $0.85 | 4 |
| 2000 | $0.95 | 4 |
| 2001 | $1.03 | 4 |
| 2002 | $1.09 | 4 |
| 2003 | $1.49 | 5 |
| 2004 | $0.99 | 3 |
| 2005 | $0.68 | 4 |
| 2006 | $0.68 | 4 |
| 2007 | $0.76 | 4 |
| 2008 | $0.80 | 4 |
| 2009 | $0.80 | 4 |
| 2010 | $0.81 | 4 |
| 2011 | $0.86 | 4 |
| 2012 | $0.90 | 4 |
| 2013 | $0.96 | 4 |
| 2014 | $1.06 | 4 |
| 2015 | $1.18 | 4 |
| 2016 | $1.30 | 4 |
| 2017 | $1.43 | 4 |
| 2018 | $1.58 | 4 |
| 2019 | $1.74 | 4 |
| 2020 | $1.84 | 4 |
| 2021 | $2.00 | 4 |
| 2022 | $2.25 | 4 |
| 2023 | $2.60 | 4 |
| 2024 | $3.05 | 4 |
| 2025 | $3.43 | 4 |
| 2026 | $1.80 | 2 |
Dividend growth for Marsh & McLennan Companies (MRSH)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 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 | — |
- 2026—
- 2025$3.4300
- 2024$3.0500
- 2023$2.6000
- 2022$2.2500
- 2021$2.0000
- 2020$1.8400
- 2019$1.7400
- 2018$1.5800
- 2017$1.4300
- 2016$1.3000
- 2015$1.1800
- 2014$1.0600
- 2013$0.9600
- 2012$0.9000
- 2011$0.8600
- 2010$0.8100
- 2009$0.8000
- 2008$0.8000
- 2007$0.7600
- 2006$0.6800
- 2005$0.6800
- 2004$0.9900
- 2003$1.4900
- 2002$1.0900
- 2001$1.0300
- 2000$0.9500
- 1999$0.8500
- 1998$0.7333
- 1997$0.6333
- 1996$0.5500
- 1995$0.4958
- 1994$0.3730
- 1993$0.4500
- 1992$0.4417
- 1991$0.4333
- 1990$0.3382
- 1989$0.4167
- 1988$0.4042
- 1987$0.2792
- 1986$0.2833
- 1985$0.2625
- 1984$0.1875
- 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.
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