Willis Towers Watson Public Limited Company (NASDAQ:WTW) Plans $0.92 Quarterly Dividend

Willis Towers Watson Public Limited Company (NASDAQ:WTW) announced a quarterly dividend on Wednesday, December 3rd. Stockholders of record on Wednesday, December 31st will be paid a dividend of 0.92 per share on Thursday, January 15th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Wednesday, December 31st.

Willis Towers Watson Public has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 8 consecutive years. Willis Towers Watson Public has a payout ratio of 19.4% meaning its dividend is sufficiently covered by earnings. Research analysts expect Willis Towers Watson Public to earn $19.50 per share next year, which means the company should continue to be able to cover its $3.68 annual dividend with an expected future payout ratio of 18.9%.

Willis Towers Watson Public Stock Up 0.3%

WTW opened at $316.53 on Thursday. Willis Towers Watson Public has a fifty-two week low of $292.97 and a fifty-two week high of $352.79. The firm has a market capitalization of $30.31 billion, a P/E ratio of 15.07, a PEG ratio of 1.76 and a beta of 0.63. The company’s 50-day moving average is $328.14 and its 200 day moving average is $320.80. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.69 and a quick ratio of 1.69.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings data on Thursday, October 30th. The company reported $3.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.05 by $0.02. Willis Towers Watson Public had a net margin of 21.58% and a return on equity of 21.46%. The business had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.28 billion. During the same period in the prior year, the firm posted $2.93 EPS. The firm’s quarterly revenue was up .0% compared to the same quarter last year. Research analysts expect that Willis Towers Watson Public will post 17.32 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently commented on WTW shares. Barclays dropped their price target on Willis Towers Watson Public from $341.00 to $303.00 and set an “underweight” rating on the stock in a report on Thursday, November 20th. UBS Group lifted their target price on Willis Towers Watson Public from $395.00 to $398.00 and gave the stock a “buy” rating in a research note on Wednesday, October 8th. TD Cowen cut their price target on shares of Willis Towers Watson Public from $408.00 to $391.00 and set a “buy” rating on the stock in a report on Monday, November 10th. Citigroup assumed coverage on shares of Willis Towers Watson Public in a research report on Wednesday, August 13th. They set a “neutral” rating and a $351.00 price target for the company. Finally, Cantor Fitzgerald initiated coverage on shares of Willis Towers Watson Public in a research report on Wednesday, August 13th. They issued a “neutral” rating and a $355.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $367.67.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth & Career and Risk & Broking. The company offers strategy and design consulting, plan management service and support, broking and administration services for health, wellbeing, and other group benefit program, including medical, dental, disability, life, voluntary benefits and other coverages; actuarial support, plan design, and administrative services for pension and retirement savings plans; retirement consulting services and solutions; and integrated solutions that consists of investment discretionary management, pension administration, core actuarial, and communication and change management assistance services.