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Interpublic Group of Cos. (IPG) Raises Quarterly Dividend 20% to $0.18; 3.1% Yield; Announces $300M Repurchase Plan

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Go back to Interpublic Group of Cos. (IPG) Raises Quarterly Dividend 20% to $0.18; 3.1% Yield; Announces $300M Repurchase Plan

Interpublic Increases Common Stock Dividend by 20% and Announces New $300 Million Share Repurchase Program

February 10, 2017 7:16 AM EST

New York, NY - February 10, 2017 - Interpublic Group (NYSE: IPG) today announced that the company's Board of Directors has declared a quarterly dividend on IPG common stock of $0.18 per share, payable on March 15, 2017 to holders of record at the close of business on March 1, 2017. The increase in the dividend from $0.15 to $0.18 per share represents a 20% increase in the Company's quarterly dividend.

Additionally, the company's Board of Directors authorized a new program to... More