Omnicom Group Inc. (NYSE:OMC) Announces $0.80 Quarterly Dividend

Omnicom Group Inc. (NYSE:OMC) declared a quarterly dividend on Thursday, July 16th. Stockholders of record on Friday, September 18th will be paid a dividend of 0.80 per share by the business services provider on Friday, October 9th. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Friday, September 18th.

Omnicom Group has increased its dividend payment by an average of 0.0%annually over the last three years. Omnicom Group has a dividend payout ratio of 36.0% meaning its dividend is sufficiently covered by earnings. Analysts expect Omnicom Group to earn $12.53 per share next year, which means the company should continue to be able to cover its $3.20 annual dividend with an expected future payout ratio of 25.5%.

Omnicom Group Stock Performance

Shares of NYSE OMC opened at $84.03 on Friday. Omnicom Group has a 1-year low of $66.33 and a 1-year high of $87.17. The stock has a market cap of $23.95 billion, a price-to-earnings ratio of 215.46, a P/E/G ratio of 0.48 and a beta of 0.63. The stock’s 50-day moving average is $75.70 and its 200 day moving average is $76.78. The company has a current ratio of 0.91, a quick ratio of 0.77 and a debt-to-equity ratio of 0.99.

Omnicom Group (NYSE:OMC) last announced its quarterly earnings results on Wednesday, April 29th. The business services provider reported $1.90 EPS for the quarter, topping analysts’ consensus estimates of $1.84 by $0.06. The business had revenue of $6.24 billion for the quarter, compared to analysts’ expectations of $5.85 billion. Omnicom Group had a return on equity of 24.48% and a net margin of 0.32%.The business’s quarterly revenue was up 69.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.70 EPS. On average, sell-side analysts anticipate that Omnicom Group will post 10.97 EPS for the current fiscal year.

Omnicom Group Company Profile

Omnicom Group Inc (NYSE: OMC) is a global marketing and corporate communications holding company headquartered in New York City. Founded in 1986 through the merger of the BBDO, DDB and Needham Harper agencies, Omnicom has built a portfolio of leading brands and networks serving clients across diverse industries.

The company’s primary business activities encompass advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations, and customer relationship management.