Aon plc
AONFinancial Services · Stock · quarterly payer
Forward Yield
1.16%
Annual Dividend
$3.28
Payout Ratio
17%
5-Yr Growth
10.2%
Ex-Date
Aug 3, 2026
Frequency
Quarterly
Summary
As of September 2026, Aon plc (AON) yields 1.16% ($3.28 per share annually), with a blended fair-value estimate of $291.05 — -2% downside, so it screens as fairly valued. Dividend safety grade: A (87/100). 14 years of dividend growth.
Is AON a good dividend stock?
YesAon plc (AON) pays a quarterly dividend yielding 1.16% ($3.28/yr), with 14 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
- 14 consecutive years of dividend growth
- Comfortable payout ratio (17%)
- Strong 10.2% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 2003
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 1.16%
- Payout Ratio
- 17%
- Annual Dividend
- $3.28
- 5-Yr Avg Growth
- 10.2%
- Ex-Dividend Date
- Aug 3, 2026
- Years of Growth
- 14
- Frequency
- quarterly
- Beta
- 0.66
- Market Cap
- $58.9B
- P/E Ratio
- 15.3
- 5-Yr Total Return
- -8%
- 52-Week Range
- $293.00 – $382.34
- Dividend Safety
- A · 87/100
- Ever Cut?
- Yes (2003)
Frequently Asked Questions
AON Price — Last 12 Months
Daily close
Price Return
1 Year
-13%
3 Years
-4%
5 Years
-8%
52-Week Range
$293.00 – $382.34
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is AON worth?
Fairly valuedlow confidenceOur blended fair-value estimate for Aon plc is $291.05 per share, versus a market price of $295.64. That implies the stock is roughly fairly priced.
Fair Value
$291.05
Current Price
$295.64
Gap
-2%
Margin of Safety
-2%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 7.7% annual free-cash-flow growth. We model 9.7% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.6% discount rate (CAPM), 9.7% stage-1 growth, 2.5% terminal growth, $18.15 EPS, $3.28 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
AON 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 AON dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 3, 2026 | — | $0.8200 | regular |
| May 1, 2026 | — | $0.8200 | regular |
| Aug 1, 2025 | — | $0.7450 | regular |
| May 1, 2025 | — | $0.7450 | regular |
| Feb 3, 2025 | — | $0.6750 | regular |
| Nov 1, 2024 | — | $0.6750 | regular |
| Aug 1, 2024 | — | $0.6750 | regular |
| Apr 30, 2024 | — | $0.6750 | regular |
| Jan 31, 2024 | — | $0.6150 | regular |
| Oct 31, 2023 | — | $0.6150 | regular |
| Jul 31, 2023 | — | $0.6150 | regular |
| Apr 28, 2023 | — | $0.6150 | regular |
| Jan 31, 2023 | — | $0.5600 | regular |
| Oct 31, 2022 | — | $0.5600 | regular |
Income Calculator
At $3.28 / yr per share
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