Read this: Media groups boost dividend hopes| Reuters
Summary: Some of the world's top advertising companies told Reuters this week they were actively considering raising their dividend, especially as such payouts assumed more importance in an environment of low returns on other asset classes. WPP's 2009 dividend yield is 2.48 percent, more in line with the 2.39 percent average payout of European technology companies -- which are seen as growth prospects -- than the European media average of 4.12 percent, according to Thomson Reuters data. After two years of cost-cutting, WPP, the world's biggest ad agency group, reported a 33 percent increase in first-half operating profit on a 2.5 percent sales rise, and in October said it was on course to exceed its 2010 profit target. - reuters.comRead full article: Media groups boost dividend hopes| Reute…
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