Welcome to our dedicated page for Procter & Gamble Company news (Ticker: PG), a resource for investors and traders seeking the latest updates and insights on Procter & Gamble Company stock.
Procter & Gamble Company (NYSE: PG), headquartered in Cincinnati, Ohio, has established itself as a global leader in the consumer goods industry since its inception in 1837 by William Procter and James Gamble. The company stands as one of the world's largest producers of household and personal care products, generating over $80 billion in annual sales.
Procter & Gamble's diverse portfolio features some of the most trusted brands across various categories. The company's impressive lineup includes more than 20 brands that each generate over $1 billion annually in global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. P&G’s strategic decision to focus on core consumer product lines led to selling its last food brand, Pringles, to Kellogg in 2012.
With a significant international presence, around 53% of Procter & Gamble's sales come from outside the United States. The company continues to invest in innovation and sustainability, ensuring its products meet the evolving needs of consumers. Recent achievements include advancements in product formulas, packaging innovations aimed at reducing environmental impact, and strategic partnerships enhancing their market reach.
Financially, Procter & Gamble remains robust, consistently delivering value to shareholders through dividends and share repurchases. The company's commitment to operational excellence and cost efficiency supports its strong financial performance and competitive edge in the market.
The Procter & Gamble Company (NYSE: PG) has declared a quarterly dividend of $0.8698 per share on its Common Stock, and on Series A and Series B ESOP Convertible Class A Preferred Stock. The dividend is scheduled for payment on or after August 16, 2021, to shareholders of record by July 23, 2021. P&G has a remarkable history of 131 consecutive years of dividend payments and has increased its dividend for 65 consecutive years, underscoring its dedication to returning value to shareholders.
Quiet & Roar, a new body care brand from Procter & Gamble, launches a multi-sensorial product line designed to alleviate anxiety and enhance wellness. The collection includes body washes, scrubs, and lotions, featuring essential oils and crafted scents such as Lavender, Lemon Blossom, and Coconut. Priced at $8.99, these products are aimed at helping Gen Z manage stress, according to research showing 91% of this demographic experiences anxiety. All offerings are free from parabens, phthalates, and dyes, and are cruelty-free, available exclusively at Target.
The Procter & Gamble Company (NYSE:PG) will host a live webcast discussing its fourth quarter earnings results on July 30, 2021, starting at 8:30 a.m. ET. Investors and media can access the audio webcast at www.pginvestor.com. The call will also be available for replay.
P&G continues to serve consumers globally with a strong portfolio of trusted brands, operating in approximately 70 countries.
P&G's Bounty Paper Towels has partnered with the iconic Nathan’s Famous Fourth of July International Hot Dog Eating Contest for the 2021 event, marking its return to in-person audiences. Bounty will provide clean-up services, including a custom Bounty Cleaning Lounge for competitors to refresh post-event. The contest will air live on ESPN, with festivities starting at 11:15 am ET. Bounty, recognized for its superior absorbency, has been a leader in household clean-up for over 50 years, catering to various messes with its innovative products.
P&G Personal Health Care has launched Nervive, a dietary supplement lineup designed for holistic nerve care. This new product range includes Nervive Nerve Health, Nerve Relief, and Nerve Relief PM, targeting nerve discomfort experienced by many aging Americans. Formulated with B-Complex Vitamins and Alpha-Lipoic Acid, these supplements aim to improve nerve health and relieve occasional aches, with notable results reported in as little as two weeks. Nervive products are available online and nationwide, backed by over 50 years of expertise in nerve care.
Old Spice has launched the sequel to its acclaimed "Men Have Skin Too" campaign, featuring Patti LaBelle as the first "Old Spice Guy Mother-in-Law." The campaign humorously addresses cohabitation tensions while promoting the Fresher Collection, which includes anti-perspirants, lotions, and body washes enriched with skincare ingredients like shea butter and coconut oil. New survey results reveal that 49% of women have borrowed their partner's grooming products. Old Spice aims to meet rising demand for men's skincare, highlighting products that combine effective grooming with desirable fragrances.
P&G Ventures has revealed four finalists for its 2021 Innovation Challenge, set for July 14. Chosen from numerous applicants, these startups are addressing consumer issues in categories like active aging and non-toxic home products. The finalists include NanoSpun Technologies, One Skin, Ready, Set, Food!, and Wellesley Pharmaceuticals. The winner will receive a $10,000 prize and support to further develop their product. This initiative underscores P&G's commitment to innovation and collaboration within the consumer goods sector.
Tide has entered into a Space Act Agreement with NASA to develop laundry detergent solutions for use in space, aiming to address challenges faced during long-duration missions. Currently, astronauts must wear clothing multiple times due to limited resupply options. Tide's fully degradable detergent is designed for microgravity, focusing on safety and water purification. Onboard tests will begin with a 2022 cargo launch to the ISS. The collaboration aligns with Tide's Ambition 2030 sustainability goals, seeking resource efficiencies in laundry processes on Earth and in space.
Tide has entered a Space Act Agreement with NASA to develop laundry detergent solutions for use in space. This initiative allows NASA to test Tide's cleaning solutions, potentially leading to innovative environmental solutions for Earth.
The research will focus on addressing challenges faced during deep space missions, such as water scarcity and ingredient safety. Tide has designed a degradable detergent for microgravity conditions, with the first tests set for a 2022 ISS cargo launch.
The collaboration supports Tide's sustainability goals under Ambition 2030, emphasizing resource efficiency.
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