The Interpublic Group Of Cos Stock To Go Ex-dividend Tomorrow (IPG)

NEW YORK ( TheStreet) -- The ex-dividend date for The Interpublic Group of Cos Inc (NYSE: IPG) is tomorrow, November 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $8.81 as of 9:30 a.m. ET, the dividend yield is 2.9%.

The average volume for The Interpublic Group of Cos has been nine million shares per day over the past 30 days. The Interpublic Group of Cos has a market cap of $4.04 billion and is part of the services sector and media industry. Shares are down 20.8% year to date as of the close of trading on Friday.

The Interpublic Group of Companies, Inc., through its subsidiaries, provides advertising and marketing services worldwide. The company has a P/E ratio of 9.7, below the average media industry P/E ratio of 10.3 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates The Interpublic Group of Cos as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full The Interpublic Group of Cos Ratings Report.

See our dividend calendar or top-yielding stocks list.

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