The Board of Directors of The Interpublic Group of Companies, Inc. IPG has declared a dividend of $13.125 per share on its 5¼% Series B Cumulative Convertible Perpetual Preferred Stock.
The dividend on the Series B Preferred Stock is payable in cash on October 15, 2010 to holders of record at the close of business on October 1, 2010. There will be a maximum of 221,474 shares of the Series B Preferred Stock outstanding on October 1, 2010, resulting in a maximum possible aggregate dividend of approximately $2,906,846.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in