Willis Towers Watson Public Limited Company (NASDAQ:WTW) to Issue Quarterly Dividend of $0.96

Key Points

• Willis Towers Watson declared a quarterly dividend of $0.96 per share, payable October 15 to shareholders of record on September 30. The annualized dividend is $3.84, yielding approximately 1.1%, and the company has raised its dividend for eight consecutive years.
• The company reported quarterly earnings of $3.35 per share, exceeding analysts’ $3.12 estimate, while revenue rose 9.1% year over year to $2.47 billion.
• WTW’s dividend appears well covered, with a 20.2% payout ratio, while institutional investors and hedge funds own approximately 93.09% of the company’s shares.

Willis Towers Watson Public Limited Company (NASDAQ:WTW - Get Free Report) declared a quarterly dividend on Thursday, August 27th. Investors of record on Wednesday, September 30th will be given a dividend of 0.96 per share on Thursday, October 15th. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Wednesday, September 30th.

Willis Towers Watson Public has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 8 consecutive years. Willis Towers Watson Public has a payout ratio of 20.2% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Willis Towers Watson Public to earn $22.68 per share next year, which means the company should continue to be able to cover its $3.84 annual dividend with an expected future payout ratio of 16.9%.

Willis Towers Watson Public Trading Down 1.0%

WTW opened at $339.58 on Friday. The stock has a market capitalization of $31.54 billion, a price-to-earnings ratio of 20.88, a P/E/G ratio of 0.98 and a beta of 0.42. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.74. Willis Towers Watson Public has a twelve month low of $240.61 and a twelve month high of $352.79. The company has a 50-day simple moving average of $306.82 and a 200 day simple moving average of $288.63.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $3.35 EPS for the quarter, beating the consensus estimate of $3.12 by $0.23. Willis Towers Watson Public had a net margin of 15.49% and a return on equity of 22.19%. The company had revenue of $2.47 billion during the quarter, compared to analysts' expectations of $2.42 billion. During the same period in the previous year, the company earned $2.86 EPS. The business's revenue for the quarter was up 9.1% compared to the same quarter last year. Analysts predict that Willis Towers Watson Public will post 19.82 EPS for the current fiscal year.

Institutional Trading of Willis Towers Watson Public

A number of large investors have recently bought and sold shares of WTW. Brighton Jones LLC increased its stake in shares of Willis Towers Watson Public by 4.7% in the 4th quarter. Brighton Jones LLC now owns 1,368 shares of the company's stock valued at $429,000 after acquiring an additional 61 shares in the last quarter. NewEdge Advisors LLC increased its stake in Willis Towers Watson Public by 7.6% in the first quarter. NewEdge Advisors LLC now owns 2,588 shares of the company's stock valued at $875,000 after purchasing an additional 182 shares in the last quarter. Empowered Funds LLC raised its holdings in shares of Willis Towers Watson Public by 16.9% during the first quarter. Empowered Funds LLC now owns 2,400 shares of the company's stock valued at $811,000 after purchasing an additional 347 shares during the period. Geneos Wealth Management Inc. boosted its position in shares of Willis Towers Watson Public by 38.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 140 shares of the company's stock worth $47,000 after purchasing an additional 39 shares in the last quarter. Finally, First Trust Advisors LP grew its stake in shares of Willis Towers Watson Public by 12.6% in the 2nd quarter. First Trust Advisors LP now owns 14,806 shares of the company's stock valued at $4,538,000 after buying an additional 1,659 shares during the period. 93.09% of the stock is currently owned by institutional investors and hedge funds.

About Willis Towers Watson Public

Willis Towers Watson Public NASDAQ: WTW is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company's core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.

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