Arthur J. Gallagher & Co. (AJG) closed fiscal year 2025 with 257 M shares outstanding and a dividend of 2.60 USD per share.
Arthur J. Gallagher & Co. (AJG) closed fiscal year 2025 with 257 M shares outstanding and a dividend of 2.60 USD per share. Over the year the share count rose by 7.00 M shares on a net basis, typically through stock-based compensation and options. Since 2009 the share count has grown by 150.7 %. The dividend per share was 2.60 USD, up 8.3 % year on year. Total dividends paid came to 667 M USD, spread over 4 payments. The series covers 18 fiscal years, from 2008 to 2025. Per-share amounts are stated in USD. Share counts and dividends come from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding, year-end | 103M | 108M | 115M | 126M | 134M | 165M | 177M | 178M | 181M | 184M | 188M | 194M | 209M | 212M | 217M | 250M | 257M |
| Shares issued — SBC/options | — | 5.90M | 6.30M | 10.9M | 8.00M | 31.0M | 12.3M | 1.40M | 2.70M | 3.00M | 4.10M | 5.60M | 14.8M | 3.40M | 4.80M | 33.3M | 7.00M |
| Shares issued (%) | — | 5.44 % | 5.49 % | 8.68 % | 5.99 % | 18.83 % | 6.95 % | 0.79 % | 1.49 % | 1.63 % | 2.18 % | 2.89 % | 7.10 % | 1.60 % | 2.22 % | 13.32 % | 2.72 % |
| Shares repurchased | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Shares repurchased (%) | — | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Net addition/reduction | — | 5.90M | 6.30M | 10.9M | 8.00M | 31.0M | 12.3M | 1.40M | 2.70M | 3.00M | 4.10M | 5.60M | 14.8M | 3.40M | 4.80M | 33.3M | 7.00M |
| Net addition/reduction (%) | — | 5.44 % | 5.49 % | 8.68 % | 5.99 % | 18.83 % | 6.95 % | 0.79 % | 1.49 % | 1.63 % | 2.18 % | 2.89 % | 7.10 % | 1.60 % | 2.22 % | 13.32 % | 2.72 % |
Fiscal year end: December
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share (DPS) | 1.28 | 1.28 | 1.32 | 1.36 | 1.40 | 1.44 | 1.48 | 1.52 | 1.56 | 1.64 | 1.72 | 1.80 | 1.92 | 2.04 | 2.20 | 2.40 | 2.60 |
| Payout Ratio (%) | 99.46 % | 76.68 % | 101.18 % | 104.82 % | 67.98 % | 73.53 % | 72.17 % | 68.60 % | 58.74 % | 47.64 % | 48.01 % | 42.43 % | 43.23 % | 38.55 % | 48.87 % | 35.89 % | 44.65 % |
| Number of payments | 4.00 | 4.00 | 5.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Dividends paid (total) | 128M | 134M | 146M | 204M | 183M | 223M | 258M | 272M | 283M | 302M | 321M | 347M | 392M | 430M | 474M | 525M | 667M |
| Dividend Yield (%) | 5.62 % | 4.36 % | 3.95 % | 3.95 % | 3.02 % | 3.03 % | 3.58 % | 2.94 % | 2.45 % | 2.26 % | 1.82 % | 1.46 % | 1.13 % | 1.09 % | 0.98 % | 0.84 % | 0.99 % |
Figures in USD
