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Stagwell Posts Record Q2 Revenue as Vistra Announces Dividend Gain
Stagwell reported its second‑quarter 2026 results, delivering $786 million in revenue, an 11% year‑over‑year increase and a record $171 million in net new business. New client wins included Adobe, IBM, Heineken, Hershey’s, Haier, Mondelez and the tourism board Visit California. The company highlighted AI‑driven offerings such as The Media Machine and Stagwell Curate and announced the acquisition of QStrauss Consulting, a Colombia‑based Adobe implementation firm. CEO Mark Penn said the results show Stagwell thriving in the AI era and the firm raised its adjusted EPS outlook, projecting double‑digit organic growth for the second half of the year.
Vistra Corp saw its shares climb about 3.9% after it declared a quarterly dividend of $0.23 per share, payable on September 30 to shareholders of record on September 21. The dividend represents a $0.92 annualized payout, a 0.6% yield and a payout ratio of roughly 15.4%. Analysts noted a range of price targets for Vistra, with the stock holding an overall “Buy” consensus. The announcement contributed to the day's trading volume and price movement.