Interpublic Increases Common Stock Dividend for Ninth Consecutive Year

Rhea-AI Summary

Interpublic Group (NYSE: IPG) has declared a quarterly dividend of $0.27 per share, representing a 6% increase from the previous $0.255 per share. This dividend is payable on March 15, 2021, to shareholders on record as of March 1, 2021. The hike in dividend underscores the company's commitment to returning value to its investors.

AI-generated analysis. Not financial advice.

Positive

• 6% increase in quarterly dividend from $0.255 to $0.27 per share
• Dividend payment scheduled for March 15, 2021, demonstrating confidence in financial stability

Negative

• None.

News Market Reaction – IPG

-6.62%

1 alert

-6.62% News Effect

On the day this news was published, IPG declined 6.62%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

New York, Feb. 10, 2021 (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 $0.27 per share, payable on March 15, 2021, to holders of record at the close of business on March 1, 2021. The increase in the dividend from $0.255 to $0.27 per share represents a 6 percent increase to the Company’s quarterly dividend.

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About Interpublic
Interpublic is values-based, data-fueled, and creatively-driven. Major global brands include Acxiom, Craft, FCB (Foote, Cone & Belding), FutureBrand, Golin, Huge, Initiative, Jack Morton, Kinesso, MAGNA, Matterkind, McCann, Mediahub, Momentum, MRM, MullenLowe Group, Octagon, R/GA, UM and Weber Shandwick. Other leading brands include Avrett Free Ginsberg, Campbell Ewald, Carmichael Lynch, Deutsch, Hill Holliday, ID Media and The Martin Agency. For more information, please visit www.interpublic.com.

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

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