Stock Update: Aon plc (NYSE:AON) – Aon Announces 10% Increase to Annual Cash Dividend

[PR Newswire] – LONDON, April 15, 2016 /PRNewswire/ — Aon plc ( NYSE:AON ), the leading global provider of risk management and human resource consulting and outsourcing , announced today that its Board of Directors has … Read more on this. Aon plc (AON) , with a current value of $28.17B, started trading this morning at $103.47. Shares have traded today between $103.32 and $104.39 per share with a one year range of $83.83 to $105.24. Aon (AON) shares are currently priced at 15.96x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 14.40x earnings multiple for the same period. The company pays shareholders $1.20 per share annually in dividends, yielding 1.17%. Consensus earnings for the current quarter by the 24 sell-side analysts covering the stock is an estimate of $1.33 per share, which would be $0.04 worse than the year-ago quarter and a $0.04 sequential decrease. The full-year EPS estimate is $6.51, which would be a $0.33 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $2.88 Billion. If reported, that would be a 1.05% increase over the year-ago quarter. In terms of ratings, Raymond James downgraded AON from Mkt Perform to Underperform (Apr 15, 2016). Previously, Piper Jaffray Initiated AON at to Neutral. With the above information in mind, readers should note that the average price target is $103.95, which is 0.46% above where the stock opened this morning. See more in (NYSE:AON) Similar Articles: Stock Update (NYSE:CB): Chubb Limited Board Will Recommend 23rd Consecutive Annual Dividend Increase To Shareholders at 2016 Annual General Meeting; Declares First Quarter Dividend Stock Update: Aon plc (NYSE:AON) – Aon Announces Fourth Quarter and Full Year 2015 Earnings Release and Conference Call Market Update: Aon plc (NYSE:AON) – Returns set to rise for U.S. homeowners insurers, according to annual Aon study