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Feb. 13, 2019, 7:25 a.m. EST

Interpublic raises quarterly dividend by 12% to 23.50 cents a share

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By Ciara Linnane

Advertising giant Interpublic Group of Cos. /zigman2/quotes/203101491/composite IPG -0.92% said Wednesday it is raising its quarterly dividend by 2% to 23.50 cents a share. The new payment will be made March 15 to shareholders of record as of March 1. Shares rose 1.5% in premarket trade, but are down 2.5% in the last 12 months, while the S&P 500 /zigman2/quotes/210599714/realtime SPX +0.12% has gained 3.1%.

/zigman2/quotes/203101491/composite
US : U.S.: NYSE
$ 16.13
-0.15 -0.92%
Volume: 205,578
Sept. 25, 2020 10:36a
P/E Ratio
14.02
Dividend Yield
6.30%
Market Cap
$6.35 billion
Rev. per Employee
$179,896
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/zigman2/quotes/210599714/realtime
US : S&P US
3,250.54
+3.95 +0.12%
Volume: 474.88M
Sept. 25, 2020 10:36a
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