E Daily Stock Analysis: Omnicom Group
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The portfolio of stocks I started building on September 8, at a one stock per week pace for the next year, is named Vista. I will select its fifteenth stock this weekend. Vista is the sixth portfolio I've built (at a one dividend dog per-week pace) since 2014. Six portfolios = VI for Vista!
Vista is planned to Look Ahead for Outstanding, Proven, Dividend Winners. (Like Aristocrats)
Today I'll review the fourth of five communication services sector stock candidates vying to be that fifteenth selection in Vista.
Today we look at a large-cap advertising holding company named Omnicom Group Inc. Its trading ticker symbol is OMC. This is my second report on Wiley for Vista. I last reviewed this company on November 18th.
Omnicom is the world's second-largest ad holding company, based on annual revenue. The American firm's services, which include traditional and digital advertising and public relations, are provided worldwide, with over 85% of its revenue coming from more developed regions such as North America and Europe.
It operates in the United States, Canada, Puerto Rico, South America, Mexico, Europe, the Middle East, Africa, Australia, Greater China, India, Japan, Korea, New Zealand, Singapore, and other Asian countries.
The company is based in New York, New York.
I use three key data points to gauge dividend equities or funds like Omnicom Group Inc:
(1) Price
(2) Dividends
(3) Returns
Those three basic keys best tell whether a company has made, is making, and will make money.
OMC Price
Omnicom's price per share closed at $64.71 yesterday. A year ago its price was $81.01. Price is down $16.30 or about 20% on the year.
If Omnicom's stock trades in the range of $45 to $70 this next year, its recent $64.71 price might rise by $2.04 to reach $66.75 by December 17, 2021.
OMC Dividends
Omnicom's most recently declared quarterly dividend was $0.65 payable on January 11th. Dividends are estimated to total $2.60 per share annually and yield 4.02% at yesterday's $64.71 closing price.
Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...
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Good find.