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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK ( TheStreet) -- The ex-dividend date for Interpublic Group of Cos (NYSE: IPG) is Tuesday, September 4, 2012. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $10.70 as of 9:35 a.m. ET, the dividend yield is 2.2%.

The average volume for Interpublic Group of Cos has been 7.9 million shares per day over the past 30 days. Interpublic Group of Cos has a market cap of $4.68 billion and is part of the services sector and media industry. Shares are up 10% year to date as of the close of trading on Thursday.

The Interpublic Group of Companies, Inc., through its subsidiaries, provides advertising and marketing services worldwide. Its services include consumer advertising, digital marketing, communications planning and media buying, public relations, and specialized communications disciplines. The company has a P/E ratio of 10.7, equal to the average media industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Interpublic Group of Cos as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Interpublic Group of Cos Ratings Report.

See our dividend calendar or top-yielding stocks list.
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