Company: Arthur J. Gallagher & Company (AJG)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Arthur J. Gallagher & Co provides insurance brokerage and consulting services to middle-market entities around the world. The majority of the companyÕs revenue comes from its brokerage segment, where it negotiates and places its customers with insurance companies that provide, among other types, property/casualty and health insurance. The companyÕs primary source of revenue in the brokerage segment is commissioning from the insurance companies. The company also generates significant revenue in its corporate segment, which includes clean energy investment and other investment income. The company generates most of its revenue in the United States, with the remaining revenue coming primarily from Australia, Bermuda, Canada, the Caribbean, New Zealand, and the United Kingdom. -Morningstar.com-
Symbol: AJG
Recent Price: $282.75
Dividends: $2.40
Yield: 0.85%
Sector: Financial Services
Industry: Insurance Brokers
Address & Company Phone #: 2850 Golf Road Rolling Meadows IL 60008, 630-773-3800
Transfer Agent: Computershare 312-360-5386
Moody’s Rating: Baa2
Minimum & Maximum Investment: $50 – $100,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $250
Fees: Div.: $0 Cash: $5+10¢/sh. Cert: $0 Sells: by Mail, Phone or Internet for $10+12¢/sh.
52 Week High & Low: $266.39, $212.39