Aon hikes dividend by 10.9%

Professional services firm Aon plc (AON) will raise its quartery dividend by 10.9 percent to 51 cents per share in 2021. This follows a dividend hike of 4.5 percent to 46 cents per share in 2020 and marks the 10th of consecutive annual dividend increases by the company.

The next dividend is payable May 14, 2021 to shareholders of record on May 3, 2021. The ex-date for the next Aon dividend is April 30, 2021. A new annualized rate of $2.04 per share yields 0.9% at a stock price of $236.

Dividendhike.com research shows that Aon has been paying a dividend for many decades with no full dividend history available on the company's website or mentions in press release regarding the dividend history. Aon started hiking the dividend in 2012 with double digit dividend growth announced in 7 of the last 10 years if we include this new dividend hike just announced.

Aon plc is a provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing. The company uses proprietary data and analytics to deliver insights that reduce volatility and improve performance for its clients. Aon’s principal products and services include, Commercial Risk Solutions, Reinsurance Solutions, Retirement Solutions, Health Solutions, and Data and Analytic Services. Aon plc has been paying a dividend to its shareholders every year since at least 1983.