The Interpublic Group of Companies Inc, known by the ticker symbol IPG is a Large-cap advertising agency, operating in the communication services business sector. This is my first-ever report on IPG for this Viital portfolio. However I did report on it once for one of my previous 6 portfolios.

Interpublic Group is among the world’s largest ad holding companies based on annual revenue. It provides traditional advertising services along with digital and other services such as public relations through various acquisitions. IPG has made these services available in over 100 countries. The company generates more than 75% of its revenue from developed regions such as the United States and Europe.

The company was formerly known as McCann-Erickson Incorporated and changed its name to The Interpublic Group of Companies, Inc. in January 1961. It was founded in 1902 and is headquartered in New York City.

Three key data points gauge any dividend equity or fund such as The Interpublic Group of Companies Inc (IPG).

(1) Price (2) Dividends (3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money.

IPG Price

Interpublic’s price per share was $30.26 as of yesterday's market close. One year ago its price was $33.56. Therefore, Interpublic’s share price fell $3.30 or about 10% in the past year.

If Interpublic’s stock trades in the range of $28.00 to $48.00 this next year, its recent $30.26 share price might rise by $9.74 to reach $40.00 by June 10, 2023. My $9.74 upside estimate is $0.10 under the median of annual price increases calculated ten analysts covering IPG for broker firms.

IPG Dividends

Interpublic’s most recently declared quarterly dividend of $0.29 is payable June 21, 2022 to shareholders on record as of June 3rd.

IPG initiated their first quarterly dividend  at $0.03 as of September 15, 1989. The dividend was increased to $0.10 by June, 2000. However, that payout was cut to $0.06 in March 2011. Since then the dividend has gradually increased about annually to $0.29 quarterly, equating to  $1.16 annually a of March 15 2022, and that annual payout is calculated to deliver a 3.83% annual yield per yesterday’s $30.26 share price.

IPG Returns

Adding the $1.16 IPG annual dividend to my estimated one-year price upside estimate of $9.74 shows a $10.90 potential gross gain, per share, to be reduced by any costs to trade IPG shares.

At yesterday's $30.26 closing price per share, a little under $1000 would buy 33 shares.

A $10 broker fee (if charged) would be paid half at purchase and half at sale and might cost us $0.30 per share.

Subtract that maybe $0.30 brokerage cost from my estimated $10.90 gross gain estimate per share results in a net gain of $10.60 X 33 shares = $349.80 for a 35% net gain including a 3.83% forward looking dividend yield.

So it is that The Interpublic Group of Companies Inc shows a possible 35% net gain including a 3.83% forward-looking dividend yield.

Over the next year at this time our $1000 investment in Interpublic shares might generate $38.30 in cash dividends. Of course, a single share of IPG stock bought at yesterday's $30.26 price is over $8.04 less than the dividend income from our $1000.00 investment.

So, by my dogcatcher ideal, this a decent time to pick up Interpublic shares based on their forward looking dividends for the year 2022. The forthcoming annual dividends from $1K invested are $8.04 greater than yesterday's single share price. Consider yourself alerted. It's a sign.

All of the estimates above are speculation based on the past history of The Interpublic Group of Companies Inc  (IPG). Only time and money invested in this stock will determine its market value.