Willis Towers Watson Public Limited Company (NASDAQ:WTW) Declares Quarterly Dividend of $0.96

Willis Towers Watson Public Limited Company (NASDAQ:WTW) announced a quarterly dividend on Thursday, August 27th. Shareholders of record on Wednesday, September 30th will be paid a dividend of 0.96 per share on Thursday, October 15th. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Wednesday, September 30th.

Willis Towers Watson Public has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 8 consecutive years. Willis Towers Watson Public has a dividend payout ratio of 20.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Willis Towers Watson Public to earn $22.68 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 16.9%.

Willis Towers Watson Public Trading Down 1.0%

Shares of Willis Towers Watson Public stock opened at $339.58 on Friday. The company has a market capitalization of $31.54 billion, a P/E ratio of 20.88, a price-to-earnings-growth ratio of 0.98 and a beta of 0.42. The stock has a fifty day simple moving average of $306.82 and a 200 day simple moving average of $288.63. Willis Towers Watson Public has a 12-month low of $240.61 and a 12-month high of $352.79. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Thursday, July 30th. The company reported $3.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.12 by $0.23. Willis Towers Watson Public had a net margin of 15.49% and a return on equity of 22.19%. The firm had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.42 billion. During the same period in the previous year, the firm earned $2.86 EPS. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. On average, sell-side analysts anticipate that Willis Towers Watson Public will post 19.82 earnings per share for the current fiscal year.

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.