Omnicom Group Inc. (NYSE:OMC) will begin trading ex-dividend on September 18, 2020. The quarterly dividend payment of $ 0.65 per share is scheduled to be paid on October 12, 2020. The dividend yield based on the latest trading day closing price was 5.02 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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Omnicom Group Inc. recently reported second quarter financial results on July 28, 2020, before market open, advertising agency recorded income for the second quarter of $ 0.92 per share, from the revenue of $ 2,801.00 million. The quarterly earnings contracted 45.24 percent while revenues shrunk 24.70 percent compared with the same quarter last year. Street analysts expected $ 3086.73 million. The top line results fell short of analysts by $ 285.73 million or 9.26 percent.
Stock Performance
Shares of Omnicom Group Inc. traded low $ -1.20 or -2.26 percent on Thursday, reaching $ 51.80 with volume of 1.66 million shares. Omnicom Group Inc. has traded high as $ 53.62 and has cracked $ 51.58 on the downward trend
According to the previous trading day, closing price of $ 51.80, representing a 14.30 % increase from the 52 week low of $ 46.37 and a 35.94 % decrease over the 52 week high of $ 82.73.
The company has a market capital of $ 11.13 billion and is part of the Consumer Cyclical sector and Advertising Agencies industry.
Omnicom Group Inc., together with its subsidiaries, provides advertising, marketing, and corporate communications services. It provides a range of services in the areas of advertising, customer relationship management, public relations, and healthcare. The companys services include advertising, branding, content marketing, corporate social responsibility consulting, crisis communications, custom publishing, data analytics, database management, digital/direct marketing, digital transformation, entertainment marketing, experiential marketing, field marketing, financial/corporate business-to-business advertising, graphic arts/digital imaging, healthcare marketing and communications, and in-store design services.
