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

Willis Towers Watson Public Limited Company (NASDAQ:WTW) declared a quarterly dividend on Thursday, August 27th. Investors of record on Wednesday, September 30th will be given 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 of this dividend is Wednesday, September 30th.

Willis Towers Watson Public has increased its dividend payment 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 20.2% indicating that its dividend is sufficiently covered by earnings. 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 Stock Down 1.0%

Shares of Willis Towers Watson Public stock opened at $339.58 on Friday. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.74. The firm has a market cap of $31.54 billion, a P/E ratio of 20.88, a P/E/G ratio of 0.98 and a beta of 0.42. Willis Towers Watson Public has a fifty-two week low of $240.61 and a fifty-two week high of $352.79. The business has a 50-day moving average price of $306.82 and a 200 day moving average price of $288.63.

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

Institutional Trading of Willis Towers Watson Public

Several hedge funds have recently made changes to their positions in the stock. Trust Co. of Vermont acquired a new position in Willis Towers Watson Public during the 2nd quarter valued at approximately $25,000. Cedar Mountain Advisors LLC acquired a new stake in Willis Towers Watson Public in the first quarter worth $27,000. Fideuram Asset Management Ireland dac acquired a new stake in Willis Towers Watson Public in the fourth quarter worth $28,000. Larson Financial Group LLC lifted its stake in Willis Towers Watson Public by 72.5% in the fourth quarter. Larson Financial Group LLC now owns 88 shares of the company’s stock valued at $29,000 after buying an additional 37 shares during the last quarter. Finally, MV Capital Management Inc. bought a new stake in Willis Towers Watson Public in the fourth quarter valued at $29,000. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Company Profile

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.