P&G Declares Dividend Increase

Rhea-AI Summary

The Procter & Gamble Company (PG) has declared an increased quarterly dividend of $1.0065 per share on the Common Stock and Series A and Series B ESOP Convertible Class A Preferred Stock. This represents a seven percent increase compared to the prior quarterly dividend, marking the 68th consecutive year of dividend increases for P&G.

CINCINNATI--(BUSINESS WIRE)-- The Board of Directors of The Procter & Gamble Company (NYSE:PG) declared an increased quarterly dividend of $1.0065 per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company, payable on or after May 15, 2024 to Common Stock shareowners of record at the close of business on April 19, 2024, and to Series A and Series B ESOP Convertible Class A Preferred Stock shareowners of record at the start of business on April 19, 2024. This represents a seven percent increase compared to the prior quarterly dividend.

This reinforces our commitment to return cash to shareowners, many of whom rely on the steady, reliable income earned with their investment in P&G. It marks the 68^th consecutive year that P&G has increased its dividend and the 134^th consecutive year that P&G has paid a dividend since its incorporation in 1890.

About Procter & Gamble

P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit https://www.pg.com for the latest news and information about P&G and its brands. For other P&G news, visit us at https://www.pg.com/news.

Category: PG-IR

View source version on businesswire.com: https://www.businesswire.com/news/home/20240409164175/en/

P&G Media Contact

Jennifer Corso

+1-513-983-2570

P&G Investor Relations Contact

John Chevalier

+1-513-983-9974

Source: Procter & Gamble

FAQ

What is the new quarterly dividend declared by The Procter & Gamble Company (PG)?

The new quarterly dividend declared by The Procter & Gamble Company (PG) is $1.0065 per share.

When will the increased quarterly dividend be payable to Common Stock shareowners?

The increased quarterly dividend will be payable on or after May 15, 2024, to Common Stock shareowners of record at the close of business on April 19, 2024.

How does the new dividend compare to the prior quarterly dividend?

The new dividend represents a seven percent increase compared to the prior quarterly dividend.

How many consecutive years has The Procter & Gamble Company (PG) increased its dividend?

The Procter & Gamble Company (PG) has increased its dividend for 68 consecutive years.

How many consecutive years has The Procter & Gamble Company (PG) paid a dividend since its incorporation?

The Procter & Gamble Company (PG) has paid a dividend for 134 consecutive years since its incorporation in 1890.