Omnicom Group Inc. (NYSE:OMC) Updates On Dividend Release Date


On 2016-07-15, Omnicom Group Inc. (NYSE:OMC) confirmed the dividend disbursement of $0.55 a share to shareholders as on record 2016-09-22. The firm will release dividend on 2016-10-10 while ex-dividend date is reported to be 2016-09-20.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Omnicom Group Inc. (NYSE:OMC) paid a total of $0.55 per share in dividends. This figure stood at $0.55 a share in the same period a year ago indicating a deviation of 5.2632%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $81.333 on the stock. This figure is the average of recommendations offered by 6 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $86 and $69, respectively.

Taking the mathematical rating formula, the price for Omnicom Group Inc. (NYSE:OMC) stands at 2.71. Earnings Review Omnicom Group Inc. (NYSE:OMC) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-18. For the period ending on 2016-09-30, experts are expecting EPS of $1.02.

Coming to the quarter ending on 2015-12-31, Omnicom Group Inc. (NYSE:OMC) recorded EPS of $1.36. The reported numbers came lower than the analysts’ estimates of $1.34, demonstrating a miss of $0.02 as against reported figures.

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