AON's Rising Dividend: A Comforting Signal or Cause for Concern?

Aon plc (AON) recently announced a 10% dividend hike for its Class A ordinary shares, showcasing its strong financial position and a positive signal for long-term investors. The quarterly cash dividend now stands at 74.5 cents per share ($2.98 on an annualized basis), a nice jump from the earlier amount of 67.5 cents per share. Based on the stock’s April 11 closing price of $376.30, the new dividend yield is 0.79%, which is below the industry average of 0.98%. AON bought back shares worth $800 million in 20 ...