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Arthur J. Gallagher & Co. Increases Cash Dividend To $0.51 Per Share

Arthur J. Gallagher & Co. (NYSE: AJG) has declared a quarterly cash dividend of $0.51 per share, reflecting a $0.03 increase from the previous quarter.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

Arthur J. Gallagher & Co. (NYSE: AJG) has declared a quarterly cash dividend of $0.51 per share, reflecting a $0.03 increase from the previous quarter. The dividend will be paid on March 18, 2022 to stockholders of record as of March 4, 2022. This announcement demonstrates the company's ongoing commitment to returning value to its shareholders.

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Positive

  • Quarterly cash dividend increased from $0.48 to $0.51, indicating strong financial health.
  • Demonstrates the company's commitment to returning value to shareholders.

Negative

  • None.
Argus Session date unavailable
-2.51% session move Open Argus
Details

News Market Reaction – AJG

The recorded move for AJG in the trading session of this news was -2.51%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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ROLLING MEADOWS, Ill., Jan. 26, 2022 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) announced that its Board of Directors declared a fifty one cents ($0.51) per share quarterly cash dividend on the company's common stock, a $0.03 increase over the prior quarter's dividend.  The dividend will be payable on March 18, 2022 to Stockholders of Record as of March 4, 2022.

Arthur J. Gallagher & Co. (NYSE: AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois.  The company has operations in 68 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.

Contact: 
Ray Iardella 
VP – Investor Relations
630-285-3661/ray_iardella@ajg.com

Cision View original content:https://www.prnewswire.com/news-releases/arthur-j-gallagher--co-increases-cash-dividend-to-0-51-per-share-301469120.html

SOURCE Arthur J. Gallagher & Co.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the new dividend amount for AJG?

The new dividend amount for AJG is $0.51 per share.

When will the dividend for AJG be paid?

The dividend will be paid on March 18, 2022.

What is the record date for AJG's dividend?

The record date for the dividend is March 4, 2022.

How much did AJG's dividend increase?

AJG's dividend increased by $0.03 from the previous quarter.

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