P&G Declares Dividend Increase

Rhea-AI Summary

The Procter & Gamble Company (NYSE:PG) has announced a quarterly dividend increase to $0.8698 per share, marking a 10% rise from the previous dividend. This dividend, payable on or after May 17, 2021, is for shareholders of record as of April 23, 2021. This increase reflects P&G's commitment to returning value to shareholders, representing the 65th consecutive annual dividend increase and the 131st consecutive year of dividend payments since its incorporation in 1890.

Positive

• 10% increase in quarterly dividend to $0.8698 per share.
• 65th consecutive annual dividend increase.
• 131 years of consistent dividend payments.

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• None.

The Board of Directors of The Procter & Gamble Company (NYSE:PG) declared an increased quarterly dividend of $0.8698 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 17, 2021, to Common Stock shareholders of record at the close of business on April 23, 2021, and to Series A and Series B ESOP Convertible Class A Preferred Stock shareholders of record at the start of business on April 23, 2021. This represents a 10% increase compared to the prior quarterly dividend.

P&G is committed to returning value to shareholders. (Graphic: Business Wire)

This dividend increase will mark the 65^th consecutive year that P&G has increased its dividend and the 131^st consecutive year that P&G has paid a dividend since its incorporation in 1890, demonstrating the Company’s commitment to – and extending its long-term track record of – returning cash to shareholders.

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/20210413006127/en/

FAQ

What is the new dividend amount for Procter & Gamble (PG)?

The new dividend amount for Procter & Gamble (PG) is $0.8698 per share.

When will the dividend be paid to shareholders of Procter & Gamble (PG)?

The dividend will be paid on or after May 17, 2021.

What is the significance of P&G's 10% dividend increase?

The 10% dividend increase reflects P&G's commitment to returning value to shareholders, marking its 65th consecutive annual dividend increase.

Who qualifies for the dividend payment from Procter & Gamble (PG)?

Shareholders of record at the close of business on April 23, 2021, will qualify for the dividend payment.

How does Procter & Gamble (PG) maintain its dividend payments?

Procter & Gamble has a long-standing track record of consistent profitability and cash flow, enabling sustained dividend payments.