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.
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