Willis Towers Watson Public Limited Company (WTW) to Issue Quarterly Dividend of $0.96 on April 15th

Willis Towers Watson Public Limited Company (NASDAQ:WTW) announced a quarterly dividend on Tuesday, February 24th. Stockholders of record on Tuesday, March 31st will be given a dividend of 0.96 per share on Wednesday, April 15th. This represents a c) annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Tuesday, March 31st. This is a 4.3% increase from Willis Towers Watson Public’s previous quarterly dividend of $0.92.

Willis Towers Watson Public has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 8 years. Willis Towers Watson Public has a payout ratio of 20.2% indicating that 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 $3.84 annual dividend with an expected future payout ratio of 19.7%.

Willis Towers Watson Public Price Performance

NASDAQ:WTW opened at $282.18 on Friday. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.71. Willis Towers Watson Public has a 52 week low of $275.60 and a 52 week high of $352.79. The stock’s 50-day moving average price is $302.36 and its 200-day moving average price is $319.96. The stock has a market capitalization of $26.68 billion, a PE ratio of 17.23, a price-to-earnings-growth ratio of 1.26 and a beta of 0.62.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $8.12 earnings per share for the quarter, topping analysts’ consensus estimates of $7.93 by $0.19. Willis Towers Watson Public had a return on equity of 20.91% and a net margin of 16.53%.The company had revenue of $2.94 billion during the quarter, compared to analysts’ expectations of $2.87 billion. During the same quarter in the prior year, the firm posted $8.13 EPS. Willis Towers Watson Public’s quarterly revenue was down 3.3% compared to the same quarter last year. As a group, equities analysts expect that Willis Towers Watson Public will post 17.32 EPS for the current fiscal year.

Hedge Funds Weigh In On Willis Towers Watson Public

Institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC boosted its stake in Willis Towers Watson Public by 4.7% during the fourth quarter. Brighton Jones LLC now owns 1,368 shares of the company’s stock worth $429,000 after buying an additional 61 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of Willis Towers Watson Public by 7.6% in the 1st quarter. NewEdge Advisors LLC now owns 2,588 shares of the company’s stock worth $875,000 after acquiring an additional 182 shares during the last quarter. Empowered Funds LLC increased its stake in shares of Willis Towers Watson Public by 16.9% in the 1st quarter. Empowered Funds LLC now owns 2,400 shares of the company’s stock worth $811,000 after acquiring an additional 347 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Willis Towers Watson Public by 38.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock worth $47,000 after acquiring an additional 39 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of Willis Towers Watson Public by 22.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 252,615 shares of the company’s stock worth $77,427,000 after acquiring an additional 45,513 shares during the period. Hedge funds and other institutional investors own 93.09% of the company’s stock.

About Willis Towers Watson Public

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.