SmarterDividends
AJG

Arthur J. Gallagher & Co.

AJG

Financial Services · Insurance Brokers · Stock · quarterly payer

$254.88

Overvalued · -55% Add to Portfolio

Forward Yield

1.10%

Annual Dividend

$2.80

Payout Ratio

45%

5-Yr Growth

7.6%

Ex-Date

Sep 8, 2026

Frequency

Quarterly

Key facts about AJG's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Arthur J. Gallagher & Co. (AJG) has a forward dividend yield of 1.10%, based on an annual dividend of $2.80 per share and a share price of $254.88.
  • As of Oct 18, 2026, AJG's dividend safety grade from SmarterDividends is A (97 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Arthur J. Gallagher & Co. (AJG) has raised its dividend for 15 consecutive years as of Oct 18, 2026.
  • AJG has never cut its regular dividend in the payment history SmarterDividends has on record.
  • AJG's most recent ex-dividend date was Sep 8, 2026, for a dividend of $0.70 per share.
  • As of Oct 18, 2026, AJG pays out 45% of its trailing 12-month earnings as dividends (its payout ratio).
  • AJG's dividend has grown at an average rate of 7.6% a year over the past five years.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for AJG is $115.43 per share, 55% below the $254.88 share price, so AJG screens as overvalued.
  • Arthur J. Gallagher & Co. (AJG) pays its dividend quarterly, 4 times a year.
  • Arthur J. Gallagher & Co. (AJG) has raised its regular dividend 35 times and cut it 0 times across the 152 payments on record since 1988. Its most recent change was a 7.7% increase to $0.700 per share, going ex-dividend on Mar 6, 2026.
Cite this page

SmarterDividends, "AJG Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/AJG

Summary

As of Oct 18, 2026, Arthur J. Gallagher & Co. (AJG) yields 1.10% ($2.80 a year per share), has a dividend safety grade of A (97/100) and has 15 consecutive years of dividend increases on record.

Is AJG a good dividend stock?

Yes

Arthur J. Gallagher & Co. (AJG) pays a quarterly dividend yielding 1.10% ($2.80/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 15 consecutive years of dividend growth
  • Never cut its dividend on record
  • Comfortable payout ratio (45%)
  • Strong 7.6% 5-yr dividend growth
  • 56% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
1.10%
Payout Ratio
45%
Annual Dividend
$2.80
5-Yr Avg Growth
7.6%
Ex-Dividend Date
Sep 8, 2026
Years of Growth
15
Frequency
quarterly
Beta
0.55
Market Cap
$65.3B
P/E Ratio
42.3
5-Yr Total Return
56%
52-Week Range
$190.75 – $284.33
Dividend Safety
A · 97/100
Ever Cut?
No

AJG dividend raises and cuts

Arthur J. Gallagher & Co. (AJG) has raised its regular dividend 35 times and cut it 0 times across the 152 payments on record since 1988. Its most recent change was a 7.7% increase to $0.700 per share, going ex-dividend on Mar 6, 2026.

Ex-dateChangeOld → newMove
Mar 6, 2026Raise$0.650 → $0.700+7.7%
Mar 7, 2025Raise$0.600 → $0.650+8.3%
Feb 29, 2024Raise$0.550 → $0.600+9.1%
Mar 2, 2023Raise$0.510 → $0.550+7.8%
Mar 3, 2022Raise$0.480 → $0.510+6.3%
Mar 4, 2021Raise$0.450 → $0.480+6.7%
Mar 5, 2020Raise$0.430 → $0.450+4.7%
Feb 28, 2019Raise$0.410 → $0.430+4.9%
Mar 1, 2018Raise$0.390 → $0.410+5.1%
Mar 1, 2017Raise$0.380 → $0.390+2.6%
Mar 2, 2016Raise$0.370 → $0.380+2.7%
Mar 2, 2015Raise$0.360 → $0.370+2.8%
Show all 35 changes since 1989
Ex-dateChangeOld → newMove
Feb 28, 2014Raise$0.350 → $0.360+2.9%
Feb 28, 2013Raise$0.340 → $0.350+2.9%
Mar 28, 2012Raise$0.330 → $0.340+3.0%
Mar 29, 2011Raise$0.320 → $0.330+3.1%
Mar 27, 2008Raise$0.310 → $0.320+3.2%
Mar 28, 2007Raise$0.300 → $0.310+3.3%
Mar 29, 2006Raise$0.280 → $0.300+7.1%
Mar 29, 2005Raise$0.250 → $0.280+12.0%
Mar 29, 2004Raise$0.180 → $0.250+38.9%
Mar 27, 2003Raise$0.150 → $0.180+20.0%
Jun 26, 2002Raise$0.130 → $0.150+15.4%
Mar 28, 2001Raise$0.115 → $0.130+13.0%
Mar 29, 2000Raise$0.100 → $0.115+15.0%
Mar 29, 1999Raise$0.0875 → $0.100+14.3%
Mar 27, 1998Raise$0.0775 → $0.0875+12.9%
Mar 26, 1997Raise$0.0725 → $0.0775+6.9%
Mar 27, 1996Raise$0.0625 → $0.0725+16.0%
Mar 27, 1995Raise$0.0550 → $0.0625+13.6%
Mar 25, 1994Raise$0.0450 → $0.0550+22.2%
Mar 25, 1993Raise$0.0400 → $0.0450+12.5%
Mar 22, 1991Raise$0.0375 → $0.0400+6.7%
Mar 26, 1990Raise$0.0325 → $0.0375+15.4%
Mar 27, 1989Raise$0.0300 → $0.0325+8.3%
AJG ex-dividend date & scheduleNext ex-date Sep 8, 2026 · full ex-dividend historyView →AJG dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is AJG a good dividend stock?

Yes. Arthur J. Gallagher & Co. (AJG) pays a quarterly dividend yielding 1.10% ($2.80/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is AJG undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, AJG's fair value is about $115.43 versus a $254.88 share price — so it looks overvalued (-55% vs. fair value).

Is AJG's dividend safe?

AJG has a dividend-safety grade of A (97/100), based on its payout coverage, free-cash-flow, 15-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is AJG's fair value?

Our blended fair-value estimate for AJG is about $115.43 per share, about 55% below the current $254.88 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is AJG a buy, hold, or sell?

We don't issue formal ratings, but on the data AJG screens as "yes" and overvalued. Arthur J. Gallagher & Co. (AJG) pays a quarterly dividend yielding 1.10% ($2.80/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will AJG cut its dividend?

AJG earns a dividend-safety grade of A (97/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does AJG pay a dividend?

Yes. Arthur J. Gallagher & Co. pays a quarterly dividend of about $2.80 per share annually, a forward yield of roughly 1.10%.

What is AJG's dividend yield?

As of Oct 18, 2026, AJG's forward dividend yield is 1.10%, based on a $2.80 annual dividend and a $254.88 share price.

What is AJG's dividend per share?

As of Oct 18, 2026, AJG pays $2.80 per share per year, distributed on a quarterly basis.

What is AJG's dividend payout ratio?

As of Oct 18, 2026, AJG's payout ratio is 45% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has AJG grown its dividend?

As of Oct 18, 2026, AJG has increased its dividend for 15 consecutive years.

When is the next AJG ex-dividend date?

As of Oct 18, 2026, AJG's next ex-dividend date hasn't been announced. The most recent was Sep 8, 2026, for $0.70 per share.