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Interpublic Declares Common Stock Dividend

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(Neutral)
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dividends
Rhea-AI Summary

Interpublic Group (NYSE: IPG) announced that its Board of Directors has declared a quarterly dividend of $0.33 per share on its common stock. The dividend will be payable on June 18, 2024, to shareholders of record as of June 4, 2024. This announcement reflects the company's commitment to returning value to its shareholders. In 2023, Interpublic reported total revenue of $10.89 billion. The company is known for its innovative marketing solutions through global brands like Acxiom, FCB, IPG Mediabrands, and more.

Positive
  • Quarterly dividend declared at $0.33 per share.
  • Dividend payable on June 18, 2024.
  • Total revenue of $10.89 billion in 2023.
  • Consistent return of value to shareholders.
  • Home to innovative communication specialists like Acxiom and FCB.
Negative
  • No mention of increases in dividend payout.
  • Potential risk of shareholder dilution if more shares are issued.

New York, NY, May 23, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) today announced that the company’s Board of Directors has declared a quarterly dividend on IPG common stock of $0.33 per share, payable on June 18, 2024, to holders of record at the close of business on June 4, 2024.

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About Interpublic
Interpublic (NYSE: IPG) (www.interpublic.com) is a values-based, data-fueled, and creatively-driven provider of marketing solutions. Home to some of the world’s best-known and most innovative communications specialists, IPG global brands include Acxiom, Craft, FCB, FutureBrand, Golin, Huge, Initiative, IPG Health, IPG Mediabrands, Jack Morton, KINESSO, MAGNA, McCann, Mediahub, Momentum, MRM, MullenLowe Global, Octagon, R/GA, UM, Weber Shandwick and more. IPG is an S&P 500 company with total revenue of $10.89 billion in 2023.

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Contact Information
Tom Cunningham
(Press)
(212) 704-1326

Jerry Leshne
(Analysts, Investors)
(212) 704-1439


FAQ

What is the dividend declared by Interpublic Group (IPG)?

Interpublic Group has declared a quarterly dividend of $0.33 per share.

When is the Interpublic Group (IPG) dividend payable?

The dividend is payable on June 18, 2024.

What is the record date for Interpublic Group (IPG) dividend?

The record date for the dividend is June 4, 2024.

What was Interpublic Group's revenue in 2023?

Interpublic Group reported a total revenue of $10.89 billion in 2023.

What are some of the brands under Interpublic Group?

Brands under Interpublic Group include Acxiom, FCB, IPG Mediabrands, and more.

The Interpublic Group of Companies, Inc.

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