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Marsh Mclennan Companies Inc
Marsh & McLennan Companies, Inc. is a global professional services firm that provides advice, strategies, and solutions to clients in the areas of risk, strategy, and people. The company is listed on the New York Stock Exchange (NYSE) under the ticker symbol MMC.
Here are some key facts about Marsh & McLennan Companies, Inc.:
* Industry: Professional Services
* Sector: Financials
* Founded: 1874
* Headquarters: New York, NY
* CEO: Brian Duperreault
* Employees: Over 70,000
* Revenue: $14.9 billion (2020)
* Net income: $2.3 billion (2020)
Earnings:
* In its most recent quarterly earnings report (Q4 2020), Marsh & McLennan Companies, Inc. reported revenue of $3.7 billion, an increase of 13% compared to the same period in the previous year.
* The company's net income for Q4 2020 was $556 million, an increase of 16% compared to the same period in the previous year.
* For the full year 2020, Marsh & McLennan Companies, Inc. reported revenue of $14.9 billion, an increase of 10% compared to the previous year. Net income for the full year was $2.3 billion, an increase of 18% compared to the previous year.
Growth:
* Marsh & McLennan Companies, Inc. has been focused on growth through a combination of organic expansion and strategic acquisitions. In recent years, the company has made several notable acquisitions, including the purchase of Jardine Lloyd Thompson Group in 2019.
* The company has also been investing in emerging technologies such as artificial intelligence and data analytics to enhance its services and stay ahead of the competition.
Dividends:
* Marsh & McLennan Companies, Inc. has consistently paid dividends to its shareholders. In February 2022, the company declared a quarterly dividend of $0.87 per share, payable on May 15, 2022, to shareholders of record as of May 1, 2022.
Stock Performance:
* As of March 16, 2023, the stock price of Marsh & McLennan Companies, Inc. is around $126 per share.
* The stock has experienced some volatility in recent months due to the impact of the COVID-19 pandemic on the global economy, but it has generally trended upwards over the long term.
* The company's strong financial performance and growth prospects have contributed to its positive stock performance.
Overall, Marsh & McLennan Companies, Inc. is a well-established and respected player in the professional services industry, with a long history of delivering advice, strategies, and solutions to clients around the world. Its strong financial performance, growth prospects, and consistent dividend payments make it an attractive investment opportunity for long-term investors.