Interpublic Gr of Cos Coping with Challenges: Bouncing Back with Steady Distribution and Decreasing Investor Rewards
By the close of today, March 15, 2024, Interpublic Gr of Cos (NYSE:IPG) will issue a dividend payout of $0.33 per share, resulting in an annualized dividend yield of 4.09%. Only those investors who owned the stock prior to the ex-dividend date on February 29, 2024 will receive this payout.
Interpublic Gr of Cos Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-02-29 | 4 | $0.33 | 4.09% | 2024-02-08 | 2024-03-01 | 2024-03-15 |
| 2023-11-30 | 4 | $0.31 | 4.5% | 2023-10-30 | 2023-12-01 | 2023-12-15 |
| 2023-08-31 | 4 | $0.31 | 3.72% | 2023-07-31 | 2023-09-01 | 2023-09-15 |
| 2023-06-05 | 4 | $0.31 | 3.3% | 2023-05-25 | 2023-06-06 | 2023-06-20 |
| 2023-02-28 | 4 | $0.31 | 3.25% | 2023-02-09 | 2023-03-01 | 2023-03-15 |
| 2022-11-30 | 4 | $0.29 | 3.84% | 2022-10-31 | 2022-12-01 | 2022-12-15 |
| 2022-08-31 | 4 | $0.29 | 3.93% | 2022-07-28 | 2022-09-01 | 2022-09-15 |
| 2022-06-03 | 4 | $0.29 | 3.76% | 2022-05-26 | 2022-06-06 | 2022-06-21 |
| 2022-02-28 | 4 | $0.29 | 2.94% | 2022-02-10 | 2022-03-01 | 2022-03-15 |
| 2021-11-30 | 4 | $0.27 | 2.93% | 2021-11-02 | 2021-12-01 | 2021-12-15 |
| 2021-08-31 | 4 | $0.27 | 3.06% | 2021-07-26 | 2021-09-01 | 2021-09-15 |
| 2021-06-04 | 4 | $0.27 | 3.26% | 2021-05-27 | 2021-06-07 | 2021-06-21 |
In terms of dividend yield, Interpublic Gr of Cos finds itself in the middle ground among its industry peers, while Entravision Comms (NYSE:EVC) takes the lead with the highest annualized dividend yield at 14.49%.
Analyzing Interpublic Gr of Cos Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2020 to 2023, the company's dividend per share showed a positive trend, increasing steadily from $1.02 in 2020 to $1.24 in 2023. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For Interpublic Gr of Cos
From 2020 to 2023, Interpublic Gr of Cos experienced a growth in earnings per share, with an increase from $1.75 to $2.84. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
Recap
In this article, we delve into Interpublic Gr of Cos's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.33 per share today, resulting in an annualized dividend yield of 4.09%.
In terms of dividend yield, Interpublic Gr of Cos finds itself in the middle ground among its industry peers, while Entravision Comms takes the lead with the highest annualized dividend yield at 14.49%.
Given that Interpublic Gr of Cos has experienced an increase in dividend per share from 2020 to 2023 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
Investors are encouraged to closely track the company's performance in the upcoming quarters to stay informed of any updates in financials or dividend disbursements.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.