Below are the three companies in the Insurance Brokers industry with the highest dividend yields. Dividends can enhance returns for investors seeking income in addition to capital gains.
Arthur J Gallagher (NYSE:AJG) is highest with a dividend yield of 3.6%. Arthur J. Gallagher & Co. and its subsidiaries provide insurance brokerage, risk management, employee benefit, and other related services to clients in the United States and abroad. The Company's principal activity is the negotiation and placement of insurance for its clients. Gallagher also specializes in furnishing risk management services.
Over the past year, Arthur J Gallagher has traded in a range of $33.75 to $40.67 and is now at $40.66, 20% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.2% while the 200-day MA has risen 0.4%.
Following is Willis Group (NYSE:WSH) with a dividend yield of 3.0%.
Finishing up the top three is Marsh & McLennan (NYSE:MMC), with a dividend yield of 2.5%.