Introduction to Marsh McLennan
Marsh McLennan is one of the world's largest insurance broking and consulting firms. It provides services to customers in more than 130 countries, with operations in the Americas, Europe, Middle East, Africa, and Asia Pacific. The company has been in business since 1905, and its stock has been traded on the New York Stock Exchange (NYSE) since 1975. Marsh McLennan's stock price history provides insight into the company's performance over the years.
Marsh McLennan's Stock Performance in the 2010s
At the beginning of the 2010s, Marsh McLennan's stock was trading at around $27 per share. The company's stock price rose steadily throughout the decade, reaching a peak of nearly $70 per share in 2015. In 2016, however, the stock price began to decline, and by the end of the decade, the stock was trading at around $50 per share. Despite the decline, Marsh McLennan's stock price was still well above its pre-2010 levels.
Marsh McLennan's Stock Performance in the 2020s
Marsh McLennan's stock price declined in 2020 due to the COVID-19 pandemic. By the end of the year, the stock was trading at around $37 per share. However, the company's stock price rallied in 2021, reaching a new high of nearly $80 per share. The company's stock price has remained in the mid- to high-$70s throughout the first half of 2022.
Marsh McLennan's Dividend History
Marsh McLennan has a long history of paying dividends to its shareholders. The company has paid a dividend every year since 1975 and has increased its dividend every year since 2009. The current dividend yield is 1.3%. While this yield is not particularly high, it is still a reliable source of income for shareholders.
Conclusion
Marsh McLennan's stock price history provides insight into the company's performance over the years. The stock has had its ups and downs, but overall, the stock has been steadily increasing since 2010. Additionally, the company has a long history of paying dividends to its shareholders, providing a reliable source of income. Investing in the company's stock can be a good long-term investment.