Interpublic Declares Dividend on Series B Preferred Stock
New York, U.S.A., Dec 14, 2011 (Thomson Reuters) --New York, NY - December 14, 2011 - The Board of Directors of The Interpublic Group of Companies, Inc. (NYSE: IPG) has declared a dividend of $13.125 per share on its 51/4% Series B Cumulative Convertible Perpetual Preferred Stock. The dividend on the Series B Preferred Stock is payable in cash on January 17, 2012 to holders of record at the close of business on January 3, 2012. There will be a maximum of 221,474 shares of the Series B Preferred Stock outstanding on January 3, 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 www.interpublic.com.
Contact Information
| Tom Cunningham (Press) (212) 704-1326 |
Jerry Leshne (Analysts, Investors) (212) 704-1439 |
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Source: INTERPUBLIC GROUP OF COMPANIES, INC. via Thomson Reuters ONE
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