Omnicom Group: Dividend Insights
Portfolio Pulse from Benzinga Insights
Omnicom Group (NYSE:OMC) announced a quarterly dividend of 70 cents per share, with Wednesday being the last day for investors to be eligible for the dividend. The stock will go ex-dividend on Thursday, meaning it will likely open 70 cents lower. Shareholders owning the stock by the end of Wednesday will receive the dividend on January 12, 2024.
December 18, 2023 | 2:45 pm
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Omnicom Group will pay a quarterly dividend of 70 cents per share, with the stock trading ex-dividend on Thursday, potentially opening 70 cents lower.
The stock is expected to open lower on the ex-dividend date to reflect the dividend payout, which is a common occurrence as the dividend amount is subtracted from the company's share price on the ex-dividend date.
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