Company: Marsh & McLennan Companies Inc. (MMC)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Marsh McLennan is a professional services firm that provides advice and solutions in the areas of risk, strategy, and human capital. The company operates through two main segments: risk and insurance services and consulting. In risk and insurance services, the firm offers services via Marsh (an insurance broker) and Guy Carpenter (a risk and reinsurance specialist). The consulting division comprises Mercer (a provider of human resource services) and Oliver Wyman (a management and economic consultancy). About half of its revenue is generated outside the U.S. -Morningstar.com-
Symbol: MMC
Recent Price: $220.13
Dividends: $2.84
Yield: 1.29%
Sector: Financial Services
Industry: Insurance Brokers
Address & Company Phone #: 1166 Ave. of the Americas New York NY 10036-2774, 212-345-5000
Transfer Agent: Equiniti Group plc. 800-457-8968
Moody’s Rating: Baa1
Minimum & Maximum Investment: $50 – $250,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $500
Fees: Div.: $3 (to $10)+10¢/sh Cash: $7.50+10¢/sh. Cert: $0 Sells: by Mail, Phone or Internet for $12+10¢/sh.
52 Week High & Low: $202.81, $151.86