Publicis Aims to Increase Dividend Payout, CEO Tells Investir
By Fabio Benedetti-Valentini -
2012-07-21T10:07:13Z
Publicis Groupe SA will “gradually” increase its dividend payout toward 35 percent to 40 percent of annual earnings, compared with 23.6 percent for 2011, Chief Executive Officer Maurice Levy told French weekly newspaper Investir in an interview. Levy didn’t give a timeframe for the dividend payout hikes, according to the Investir interview.
To contact the reporter on this story: Fabio Benedetti-Valentini in Paris at fabiobv@bloomberg.net
To contact the editors responsible for this story: Frank Connelly at fconnelly@bloomberg.net; Edward Evans at eevans3@bloomberg.net
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