U.S. Markets close in 3 hrs 58 mins

MDC Partners Shares Unchanged After Company Raises Quarterly Dividend 12.5% from $0.16 to $0.18 Per Share

Eddie Staley

(NASDAQ: MDCA; TSX: MDZ.A) -- MDC Partners Inc. ("MDC Partners" or the "Company") today announced that its Board of Directors has declared a cash dividend of $0.18 per share on all of its outstanding Class A shares and Class B shares. The quarterly dividend represents a 12.5% increase from the prior dividend and will be payable on or about March 18, 2014 to shareholders of record at the close of business on March 4, 2014.

About MDC Partners Inc. MDC Partners is one of the world's largest Business Transformation Organizations that utilizes technology, marketing communications, data analytics, insights and strategic consulting solutions to drive meaningful returns on Marketing and Communications Investments for multinational clients in the United States, Canada, and worldwide.

MDC Partners' durable competitive advantage is to Empower the Most Talented Entrepreneurial Thought Leaders to Drive Business Success to new levels of Achievement, for both our Clients and our Shareholders, reinforcing MDC Partners' reputation as "The Place Where Great Talent Lives."

MDC Partners' Class A shares are publicly traded on NASDAQ under the symbol "MDCA" and on the Toronto Stock Exchange under the symbol "MDZ.A".

Related Links

(c) 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.