Interpublic Declares Dividend on Series B Preferred Stock
New York, NY - March 26, 2012 - The Board of Directors of The Interpublic Group of Companies, Inc. (NYSE: IPG) has declared a dividend of $13.125 per share on its 5 1/4% Series B Cumulative Convertible Perpetual Preferred Stock. The dividend on the Series B Preferred Stock is payable in cash on April 16, 2012 to holders of record at the close of business on April 2, 2012. There will be a maximum of 221,474 shares of the Series B Preferred Stock outstanding on April 2, 2012, resulting in a maximum possible aggregate dividend of approximately $2,906,846.
About Interpublic
Interpublic is one of the world's leading organizations of advertising agencies and marketing services companies. Major global brands include Draftfcb, FutureBrand, GolinHarris International, HUGE, Initiative, Jack Morton Worldwide, Lowe and Partners, MAGNAGLOBAL, McCann Erickson, Momentum, MRM Worldwide, Octagon, R/GA, UM and Weber Shandwick. Leading domestic brands include Campbell Ewald; Campbell Mithun; Carmichael Lynch; Deutsch, a Lowe and Partners Company; Gotham Inc.; Hill Holliday; ID Media; Mullen and The Martin Agency. For more information, please visit http://www.interpublic.com/.
Contact Information
Tom Cunningham
(Press)
(212) 704-1326
Jerry Leshne
(Analysts, Investors)
(212) 704-1439