New York, NY - September 26, 2013 - The Board of Directors of The Interpublic Group of Companies, Inc. (IPG) has declared a dividend of $13.125 per share on its 5 1/4% Series B Cumulative Convertible Perpetual Preferred Stock. The dividend on the Series B Preferred Stock is payable in cash on October 15, 2013 to holders of record at the close of business on October 1, 2013. There will be a maximum of 221,474 shares of the Series B Preferred Stock outstanding on October 1, 2013, resulting in a maximum possible aggregate dividend of approximately $2,906,846.
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Interpublic is one of the world`s leading organizations of advertising agencies and marketing services companies. Major global brands include Draftfcb, FutureBrand, GolinHarris International, Huge, Initiative, Jack Morton Worldwide, Lowe and Partners, MAGNA GLOBAL, McCann, Momentum, MRM, Octagon, R/GA, UM and Weber Shandwick. Leading domestic brands include Campbell Mithun, Carmichael Lynch, Deutsch, Gotham Inc., Hill Holliday, ID Media, Lowe Campbell Ewald, Mullen and The Martin Agency. For more information, please visit www.interpublic.com.
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Source: INTERPUBLIC GROUP OF COMPANIES, INC. via Thomson Reuters ONE