Willis Towers Watson PLC (NASDAQ:WLTW) declared a quarterly dividend on Monday, September 9th, Zacks reports. Stockholders of record on Monday, September 30th will be given a dividend of 0.65 per share by the financial services provider on Tuesday, October 15th. This represents a $2.60 annualized dividend and a dividend yield of 1.36%. The ex-dividend date is Friday, September 27th.

Willis Towers Watson has a dividend payout ratio of 27.2% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Willis Towers Watson to earn $11.99 per share next year, which means the company should continue to be able to cover its $2.60 annual dividend with an expected future payout ratio of 21.7%.

Willis Towers Watson stock traded up $2.01 during mid-day trading on Wednesday, reaching $191.70. 30,172 shares of the company’s stock were exchanged, compared to its average volume of 580,414. The business’s fifty day simple moving average is $195.22 and its 200 day simple moving average is $184.76. The firm has a market capitalization of $25.22 billion, a PE ratio of 19.71, a P/E/G ratio of 1.69 and a beta of 0.81. Willis Towers Watson has a one year low of $134.50 and a one year high of $200.93. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.51.

Willis Towers Watson (NASDAQ:WLTW) last announced its quarterly earnings data on Wednesday, July 31st. The financial services provider reported $1.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.76 by $0.02. Willis Towers Watson had a return on equity of 13.00% and a net margin of 9.86%. The firm had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $2.06 billion. During the same quarter in the prior year, the company earned $1.70 EPS. The business’s revenue for the quarter was up 2.9% on a year-over-year basis. On average, sell-side analysts forecast that Willis Towers Watson will post 10.93 earnings per share for the current year.

A number of brokerages recently weighed in on WLTW. Wells Fargo & Co reissued a “buy” rating and issued a $220.00 price target on shares of Willis Towers Watson in a report on Wednesday, July 31st. SunTrust Banks raised their price objective on shares of Willis Towers Watson from $210.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, July 11th. They noted that the move was a valuation call. ValuEngine lowered shares of Willis Towers Watson from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. BidaskClub cut shares of Willis Towers Watson from a “strong-buy” rating to a “buy” rating in a research note on Wednesday. Finally, Morgan Stanley reduced their target price on shares of Willis Towers Watson from $215.00 to $209.00 and set an “overweight” rating for the company in a research report on Thursday, August 15th. Four research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $201.33.

In other news, insider Nicolas Aubert sold 7,592 shares of Willis Towers Watson stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $195.00, for a total value of $1,480,440.00. Following the completion of the transaction, the insider now owns 5,875 shares in the company, valued at $1,145,625. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.75% of the company’s stock.

Willis Towers Watson Company Profile

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. The company's Human Capital and Benefits segment offers actuarial support, plan design, and administrative services for traditional pension and retirement savings plans; plan management consulting, broking, and administration services for health and group benefit programs; and benefits outsourcing services.

Further Reading: 12b-1 Fees

Dividend History for Willis Towers Watson (NASDAQ:WLTW)

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