Willis Towers Watson Public Limited (NASDAQ:WTW) Declares Quarterly Dividend of $0.92

Willis Towers Watson Public Limited (NASDAQ:WTW) declared a quarterly dividend on Monday, February 24th, RTT News reports. Investors of record on Monday, March 31st will be paid a dividend of 0.92 per share on Tuesday, April 15th. This represents a $3.68 dividend on an annualized basis and a yield of 1.12%. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.88.

Willis Towers Watson Public has raised its dividend by an average of 5.2% per year over the last three years. Willis Towers Watson Public has a payout ratio of 18.1% meaning its dividend is sufficiently covered by earnings. Analysts expect Willis Towers Watson Public to earn $19.50 per share next year, which means the company should continue to be able to cover its $3.52 annual dividend with an expected future payout ratio of 18.1%.

Willis Towers Watson Public Trading Up 0.7 %

WTW opened at $328.20 on Tuesday. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66. The firm has a market cap of $33.06 billion, a price-to-earnings ratio of -328.20, a PEG ratio of 2.95 and a beta of 0.74. Willis Towers Watson Public has a 12 month low of $245.04 and a 12 month high of $334.99. The stock has a fifty day moving average price of $318.90 and a 200-day moving average price of $305.72.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, beating the consensus estimate of $8.01 by $0.12. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The business had revenue of $3.04 billion during the quarter, compared to analyst estimates of $3.05 billion. During the same period in the prior year, the firm posted $7.44 earnings per share. The company’s quarterly revenue was up 4.2% on a year-over-year basis. As a group, equities research analysts anticipate that Willis Towers Watson Public will post 17.32 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

WTW has been the subject of a number of recent analyst reports. Barclays raised their price objective on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a research report on Thursday, November 21st. Evercore ISI upgraded Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and boosted their price target for the stock from $357.00 to $373.00 in a research note on Wednesday, January 8th. Wells Fargo & Company cut their price objective on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a report on Tuesday, January 14th. Keefe, Bruyette & Woods upped their price target on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a research note on Friday, January 10th. Finally, Raymond James raised shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and raised their price target for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $342.08.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth & Career and Risk & Broking. The company offers strategy and design consulting, plan management service and support, broking and administration services for health, wellbeing, and other group benefit program, including medical, dental, disability, life, voluntary benefits and other coverages; actuarial support, plan design, and administrative services for pension and retirement savings plans; retirement consulting services and solutions; and integrated solutions that consists of investment discretionary management, pension administration, core actuarial, and communication and change management assistance services.