Welcome to our dedicated page for Procter & Gamble news (Ticker: PG), a resource for investors and traders seeking the latest updates and insights on Procter & Gamble 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.
P&G's Bounty Paper Towels is addressing hidden bacteria in homes with a new initiative featuring experts like Bill Nye and Mayim Bialik. A survey showed nearly 92% of Americans have changed their cleaning habits recently, yet many still use unwashed dishcloths, posing health risks. Only 11% of consumers wash their kitchen towels weekly. Experts warn that used dishcloths can harbor harmful bacteria, leading to cross-contamination. The initiative will include educational content to promote safe cleaning practices.
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.
Procter & Gamble (PG) has announced a multi-year partnership with Major League Soccer (MLS) as the league kicks off its 26th season. This collaboration aims to engage fans and support local communities, particularly focusing on increasing equity in sports. P&G brands like Gillette, Old Spice, and Crest will leverage this partnership to tap into the growing enthusiasm for soccer, particularly in anticipation of the 2026 FIFA World Cup. Additionally, P&G will sponsor various high-profile events, including the Mexican National Team's U.S. Tour and the MLS All-Star Game.
Tampax is set to host the inaugural Tampax Gaming Fest on April 16 at 8 p.m. EDT via Twitch. This event aims to empower gamers with periods and challenge stigma surrounding menstruation. The festival will feature a panel with top female gamers and a live Valorant tournament with a $10,000 prize pool. Brand Director Camille Zahniser emphasized the importance of breaking down taboos in the gaming community. The event highlights Tampax’s commitment to fostering support and unity among female gamers while promoting open conversations about periods.
The American Lung Association and Swiffer have teamed up to launch the "Dust & Indoor Air Quality Briefing" aimed at educating consumers on enhancing indoor air quality. Given the increased time people spend at home, the briefing provides simple strategies, like regular dusting, to improve air quality. This initiative emphasizes the importance of maintaining a clean indoor environment for health, particularly during allergy season.
Charmin, a brand under Procter & Gamble, is dedicated to forest conservation through its sustainability initiative titled "protect, grow and restore." Charmin's approach includes regrowing at least two trees for every tree used in production and ensuring that all paper sourced comes from responsibly managed forests. The brand collaborates with the Arbor Day Foundation to plant 1 million trees from 2020 to 2025, particularly in areas affected by natural disasters. Their commitment highlights a holistic approach to environmental responsibility while delivering quality products.
Clearblue launches the term ‘Conceivinghood’ to address the emotional journey of pre-pregnancy. A survey revealed that 33% of couples initially thought conception would take under three months; however, nearly 16% struggled for an average of five months. The #Conceivinghood campaign aims to provide support with 40% of respondents saying more resources would help them. A virtual panel discussing these issues will occur on April 22, 2021, featuring notable speakers including Jordana Brewster. Clearblue is recognized as the world's leading brand in home pregnancy and fertility tests.
Procter & Gamble has launched 9 Elements, a line of laundry and home care products that utilize vinegar and plant-based ingredients, enhanced through science to tackle challenging cleaning issues. Hard water, affecting 85% of U.S. households, often traps residues and odors, complicating cleaning efforts. The 9 Elements product line includes laundry detergent, purifying softener, multi-purpose cleaner, bathroom cleaner, and dish soap, each specifically formulated to combat hard water build-up. All products meet EPA Safer Choice standards, ensuring effective and safe cleaning solutions.
Olay Body is launching its most extensive product line yet with three new Premium Body Care Collections designed for diverse skin needs. The collections include the Cleansing & Renewing Body Care Duo featuring retinol, the Premium Exfoliating Body Wash Collection, and the Dermatologist Designed Collection targeting specific dry skin issues. Leveraging over 65 years of skin science, these products promise deep hydration and visible skin transformation. Available at mass retailers nationwide, the collections showcase Olay's commitment to skincare innovation.
The Procter & Gamble Company (NYSE: PG) launched a new initiative called “Widen The Screen,” aimed at enhancing the inclusion of Black creators in the film and advertising industries. This platform promotes diverse storytelling, combats bias, and invests in Black-owned media. The initiative includes a premiere film narrated by Mahershala Ali during the NAACP Image Awards, highlighting a more nuanced portrayal of Black life. P&G has committed to doubling its support for Black women directors through its Queen Collective program and collaborating with various organizations to improve representation.
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