Omnicom Group Stock To Go Ex-dividend Monday (OMC)
The ex-dividend date for Omnicom Group (NYSE:OMC) is Monday, December 19, 2011. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $42.20 as of 9:35 a.m., the dividend yield is 2.4%.
NEW YORK ( TheStreet) -- The ex-dividend date for Omnicom Group (NYSE: OMC) is Monday, December 19, 2011. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $42.20 as of 9:35 a.m. ET, the dividend yield is 2.4%. The average volume for Omnicom Group has been 2.3 million shares per day over the past 30 days. Omnicom Group has a market cap of $11.64 billion and is part of the services sector and media industry. Shares are down 7.8% year to date as of the close of trading on Thursday. Omnicom Group Inc. and its subsidiaries provide advertising, marketing, and corporate communications services. It offers services in traditional media advertising, customer relationship management, public relations, and specialty communications sectors. The company has a P/E ratio of 13.2, equal to the average media industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Omnicom Group as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, notable return on equity, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Omnicom Group Ratings Report. See our dividend calendar or top-yielding stocks list.