
Arthur J. Gallagher & Co.
AJGFinancial Services · Insurance Brokers · Stock · quarterly payer
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?
YesArthur 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-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 6, 2026 | Raise | $0.650 → $0.700 | +7.7% |
| Mar 7, 2025 | Raise | $0.600 → $0.650 | +8.3% |
| Feb 29, 2024 | Raise | $0.550 → $0.600 | +9.1% |
| Mar 2, 2023 | Raise | $0.510 → $0.550 | +7.8% |
| Mar 3, 2022 | Raise | $0.480 → $0.510 | +6.3% |
| Mar 4, 2021 | Raise | $0.450 → $0.480 | +6.7% |
| Mar 5, 2020 | Raise | $0.430 → $0.450 | +4.7% |
| Feb 28, 2019 | Raise | $0.410 → $0.430 | +4.9% |
| Mar 1, 2018 | Raise | $0.390 → $0.410 | +5.1% |
| Mar 1, 2017 | Raise | $0.380 → $0.390 | +2.6% |
| Mar 2, 2016 | Raise | $0.370 → $0.380 | +2.7% |
| Mar 2, 2015 | Raise | $0.360 → $0.370 | +2.8% |
Show all 35 changes since 1989
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Feb 28, 2014 | Raise | $0.350 → $0.360 | +2.9% |
| Feb 28, 2013 | Raise | $0.340 → $0.350 | +2.9% |
| Mar 28, 2012 | Raise | $0.330 → $0.340 | +3.0% |
| Mar 29, 2011 | Raise | $0.320 → $0.330 | +3.1% |
| Mar 27, 2008 | Raise | $0.310 → $0.320 | +3.2% |
| Mar 28, 2007 | Raise | $0.300 → $0.310 | +3.3% |
| Mar 29, 2006 | Raise | $0.280 → $0.300 | +7.1% |
| Mar 29, 2005 | Raise | $0.250 → $0.280 | +12.0% |
| Mar 29, 2004 | Raise | $0.180 → $0.250 | +38.9% |
| Mar 27, 2003 | Raise | $0.150 → $0.180 | +20.0% |
| Jun 26, 2002 | Raise | $0.130 → $0.150 | +15.4% |
| Mar 28, 2001 | Raise | $0.115 → $0.130 | +13.0% |
| Mar 29, 2000 | Raise | $0.100 → $0.115 | +15.0% |
| Mar 29, 1999 | Raise | $0.0875 → $0.100 | +14.3% |
| Mar 27, 1998 | Raise | $0.0775 → $0.0875 | +12.9% |
| Mar 26, 1997 | Raise | $0.0725 → $0.0775 | +6.9% |
| Mar 27, 1996 | Raise | $0.0625 → $0.0725 | +16.0% |
| Mar 27, 1995 | Raise | $0.0550 → $0.0625 | +13.6% |
| Mar 25, 1994 | Raise | $0.0450 → $0.0550 | +22.2% |
| Mar 25, 1993 | Raise | $0.0400 → $0.0450 | +12.5% |
| Mar 22, 1991 | Raise | $0.0375 → $0.0400 | +6.7% |
| Mar 26, 1990 | Raise | $0.0325 → $0.0375 | +15.4% |
| Mar 27, 1989 | Raise | $0.0300 → $0.0325 | +8.3% |
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.
AJG Price — Last 12 Months
Daily close
Price Return
1 Year
+3%
3 Years
+2%
5 Years
+56%
52-Week Range
$190.75 – $284.33
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is AJG worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Arthur J. Gallagher & Co. is $115.43 per share, versus a market price of $254.88. That implies 55% of downside.
Fair Value
$115.43
Current Price
$254.88
Downside
-55%
Margin of Safety
-121%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.0% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $6.03 EPS, $2.80 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
AJG Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full AJG dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 8, 2026 | Sep 18, 2026 | $0.7000 | regular |
| Jun 5, 2026 | Jun 19, 2026 | $0.7000 | regular |
| Mar 6, 2026 | Mar 20, 2026 | $0.7000 | regular |
| Dec 5, 2025 | Dec 19, 2025 | $0.6500 | regular |
| Sep 5, 2025 | Sep 19, 2025 | $0.6500 | regular |
| Jun 6, 2025 | Jun 20, 2025 | $0.6500 | regular |
| Mar 7, 2025 | Mar 21, 2025 | $0.6500 | regular |
| Dec 6, 2024 | Dec 20, 2024 | $0.6000 | regular |
| Sep 6, 2024 | Sep 20, 2024 | $0.6000 | regular |
| Jun 7, 2024 | Jun 21, 2024 | $0.6000 | regular |
| Feb 29, 2024 | Mar 15, 2024 | $0.6000 | regular |
| Nov 30, 2023 | Dec 15, 2023 | $0.5500 | regular |
| Aug 31, 2023 | Sep 15, 2023 | $0.5500 | regular |
| Jun 1, 2023 | Jun 16, 2023 | $0.5500 | regular |
Income Calculator
At $2.80 / yr per share
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