WPP PLC (NASDAQ:WPPGY) declared a semiannual dividend on Friday, August 25th, Wall Street Journal reports. Stockholders of record on Friday, October 6th will be given a dividend of 1.4532 per share by the business services provider on Monday, November 6th. This represents a dividend yield of 3.15%. The ex-dividend date of this dividend is Thursday, October 5th.

WPP PLC (WPPGY) opened at 90.71 on Wednesday. The firm’s 50-day moving average price is $94.08 and its 200 day moving average price is $103.34. WPP PLC has a 52 week low of $89.40 and a 52 week high of $119.12. The firm has a market cap of $22.97 billion, a P/E ratio of 10.10 and a beta of 1.20.

WPP PLC (NASDAQ:WPPGY) last posted its quarterly earnings data on Wednesday, August 23rd. The business services provider reported $3.02 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $3.02. Equities analysts forecast that WPP PLC will post $9.39 earnings per share for the current fiscal year.

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Several research analysts recently issued reports on WPPGY shares. BidaskClub lowered shares of WPP PLC from a “hold” rating to a “sell” rating in a research report on Saturday, June 10th. UBS AG assumed coverage on WPP PLC in a research note on Tuesday, June 13th. They set a “buy” rating for the company. Zacks Investment Research lowered WPP PLC from a “buy” rating to a “sell” rating in a research note on Tuesday, June 20th. BNP Paribas cut WPP PLC from an “outperform” rating to an “underperform” rating in a report on Friday, July 7th. Finally, Deutsche Bank AG cut WPP PLC from a “buy” rating to a “hold” rating in a report on Monday, July 17th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $121.50.

About WPP PLC

WPP PLC is a parent company that, through its subsidiaries, is engaged in the provision of communications and marketing services worldwide. The Company has four segments: Advertising and Media Investment Management; Consumer Insight (formerly Information, Insight & Consultancy); Public Relations & Public Affairs, and Branding & Identity, Healthcare and Specialist Communications, which includes WPP Digital and direct, digital, promotional and relationship marketing.

Dividend History for WPP PLC (NASDAQ:WPPGY)

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