WASHINGTON (dpa-AFX) - Marsh & McLennan Companies, Inc. (MMC) said Thursday that its Board of Directors has voted to increase the company's quarterly cash dividend by 5% to $0.23 per share on outstanding common stock.
The dividend is payable on August 15 to shareholders of record on July 11.
Marsh & McLennan also said that at their annual meeting, shareholders re-elected the entire slate of 2012 director nominees for a one-year term expiring at next year's annual meeting. They are: Zachary W. Carter, Brian Duperreault, Oscar Fanjul, H. Edward Hanway, Elaine La Roche, Lord Lang, Steven A. Mills, Bruce P. Nolop, Marc D. Oken, Morton O. Schapiro, Adele Simmons, Lloyd M. Yates and R. David Yost.
Shareholders also ratified the selection of Deloitte & Touche LLP as the company's independent registered public accounting firm for 2012, and approved, by nonbinding vote, the compensation of the company's named executive officers.
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© 2012 AFX News
