P&G Declares Dividend Increase

Rhea-AI Summary

The Procter & Gamble Company (NYSE:PG) announced a quarterly dividend increase to $0.9407 per share, marking a three percent rise from the previous quarter. This dividend is payable on or after May 15, 2023 to shareholders on record by April 21, 2023. Notably, this increase represents the 67th consecutive year of dividend growth and the 133rd consecutive year of dividend payments since its incorporation in 1890. The announcement underscores P&G's commitment to return value to shareholders, particularly those relying on dividend income.

Positive

• Quarterly dividend increased by 3% to $0.9407 per share.
• 67th consecutive year of dividend growth highlights strong financial commitment.
• 133rd consecutive year of dividend payments indicates long-term reliability.

Negative

• None.

CINCINNATI--(BUSINESS WIRE)-- The Board of Directors of The Procter & Gamble Company (NYSE:PG) declared an increased quarterly dividend of $0.9407 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, 2023 to Common Stock shareholders of record at the close of business on April 21, 2023, and to Series A and Series B ESOP Convertible Class A Preferred Stock shareholders of record at the start of business on April 21, 2023. This represents a three percent increase compared to the prior quarterly dividend.

This dividend increase will mark the 67^th consecutive year that P&G has increased its dividend and the 133^rd consecutive year that P&G has paid a dividend since its incorporation in 1890. It reinforces our commitment to return cash to shareholders, many of whom rely on the steady, reliable income earned with their investment in P&G.

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/20230411005827/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 dividend amount for Procter & Gamble (PG)?

The new dividend amount is $0.9407 per share.

When is the dividend payment date for PG shareholders?

The dividend payment date is on or after May 15, 2023.

What is the record date for receiving the PG dividend?

The record date for receiving the dividend is April 21, 2023.

How many consecutive years has PG increased its dividend?

PG has increased its dividend for 67 consecutive years.

What percentage increase was announced for the PG dividend?

The announced dividend increase is 3%.