Marsh & McLennan Companies, Inc.
MRSHFinancial Services · Stock · quarterly payer
Forward Yield
2.17%
Annual Dividend
$3.96
Payout Ratio
44%
5-Yr Growth
13.3%
Ex-Date
Jul 23, 2026
Frequency
Quarterly
Summary
As of July 2026, Marsh & McLennan Companies, Inc. (MRSH) yields 2.17% ($3.96 per share annually), with a blended fair-value estimate of $167.72 — -8% downside, so it screens as fairly valued. Dividend safety grade: A (85/100). 16 years of dividend growth.
Is MRSH a good dividend stock?
YesMarsh & McLennan Companies, Inc. (MRSH) pays a quarterly dividend yielding 2.17% ($3.96/yr), with 16 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
- 16 consecutive years of dividend growth
- Comfortable payout ratio (44%)
- Strong 13.3% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 2005
Key Data
- Dividend Yield
- 2.17%
- Payout Ratio
- 44%
- Annual Dividend
- $3.96
- 5-Yr Avg Growth
- 13.3%
- Ex-Dividend Date
- Jul 23, 2026
- Years of Growth
- 16
- Frequency
- quarterly
- Beta
- 0.60
- Market Cap
- $87.7B
- P/E Ratio
- 22.8
- 5-Yr Total Return
- 16%
- 52-Week Range
- $156.60 – $213.80
- Dividend Safety
- A · 85/100
- Ever Cut?
- Yes (2005)
Frequently Asked Questions
MRSH Price — Last 12 Months
Daily close
Price Return
1 Year
-11%
3 Years
-7%
5 Years
+16%
52-Week Range
$156.60 – $213.80
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MRSH worth?
Fairly valuedhigh confidenceOur blended fair-value estimate for Marsh & McLennan Companies, Inc. is $167.72 per share, versus a market price of $182.18. That implies the stock is roughly fairly priced.
Fair Value
$167.72
Current Price
$182.18
Gap
-8%
Margin of Safety
-9%
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 6.5% annual free-cash-flow growth. We model 8.2% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.3% discount rate (CAPM), 8.2% stage-1 growth, 2.5% terminal growth, $8.00 EPS, $3.96 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MRSH 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 9, 2026 | — | $0.9000 | regular |
| Jan 29, 2026 | — | $0.9000 | regular |
| Oct 2, 2025 | — | $0.9000 | regular |
| Jul 24, 2025 | — | $0.9000 | regular |
| Apr 3, 2025 | — | $0.8150 | regular |
| Jan 30, 2025 | — | $0.8150 | regular |
| Oct 4, 2024 | — | $0.8150 | regular |
| Jul 25, 2024 | — | $0.8150 | regular |
| Apr 3, 2024 | — | $0.7100 | regular |
| Jan 24, 2024 | — | $0.7100 | regular |
| Oct 5, 2023 | — | $0.7100 | regular |
| Jul 26, 2023 | — | $0.7100 | regular |
| Apr 4, 2023 | — | $0.5900 | regular |
| Jan 25, 2023 | — | $0.5900 | regular |
Income Calculator
At $3.96 / yr per share
