Interpublic Gr of Cos's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Interpublic Gr of Cos (NYSE: IPG) announced a quarterly dividend of 31 cents per share, with the ex-dividend date set for Monday. Shareholders owning IPG stock by the end of Friday's session will be eligible for the dividend payout, which will be distributed on June 20, 2023.
May 31, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Interpublic Gr of Cos (NYSE: IPG) announced a 31 cents per share quarterly dividend, with the ex-dividend date set for Monday. The stock will likely trade lower to reflect the payout.
The announcement of the 31 cents per share dividend and the ex-dividend date set for Monday will likely cause the stock to trade lower as it adjusts to reflect the payout. This is a common occurrence for stocks when they go ex-dividend, as the market adjusts the stock price to account for the dividend distribution.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100