AON Boosts Shareholder Value, Approves 10% Dividend Hike

Aon plc’s (AON) board of directors recently sanctioned a 10% hike in the quarterly cash dividend, aiming to boost shareholder value. With the latest hike, the payout currently stands at 67.5 cents per share compared with the prior payout of 61.5 cents.Denoting the 13th consecutive year of a dividend hike, the increased dividend will be paid on May 15, 2024, to shareholders of record as of May 1. Based on the stock’s Apr 12 closing price of $308, the new dividend will yield 0.8% to the company. Aon has been ...