Omnicom Group Stock To Go Ex-dividend Tomorrow (OMC)
The ex-dividend date for Omnicom Group (NYSE:OMC) is tomorrow, June 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $48.33 as of 9:55 a.m., the dividend yield is 2.4%.
NEW YORK ( TheStreet) -- The ex-dividend date for Omnicom Group (NYSE: OMC) is tomorrow, June 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $48.33 as of 9:55 a.m. ET, the dividend yield is 2.4%. The average volume for Omnicom Group has been 1.9 million shares per day over the past 30 days. Omnicom Group has a market cap of $13.01 billion and is part of the services sector and media industry. Shares are up 4.4% year to date as of the close of trading on Friday. Omnicom Group Inc., together with its subsidiaries, provides advertising, marketing, and corporate communications services in the Americas, Europe, the Middle East, Africa, Asia, and Australia. The company has a P/E ratio of 14, below the average media industry P/E ratio of 14.2 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 solid stock price performance, revenue growth, notable return on equity, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Omnicom Group Ratings Report. See our dividend calendar or top-yielding stocks list.