Procter & Gamble raises quarterly dividend to $1.0065 per share
The move reflects the company's continued commitment to providing solid returns to shareholders, marking a milestone in its dividend history
The board of directors of The Procter & Gamble Company, has announced an increase in the quarterly dividend to $1.0065 per share for common stock and Class A ESOP Series A and Series B convertible preferred stock. These dividends will be payable effective May 15, 2024 to common stock shareholders of record at the close of business on April 19, 2024, and Class A ESOP Series A and Series B convertible preferred stock shareholders of record at the close of business on April 19, 2024. This seven percent increase reflects P&G’s continued commitment to providing strong shareholder returns.
In addition, this announcement marks the 68th consecutive year P&G has increased its dividend and the 134th consecutive year P&G has paid a dividend since its incorporation in 1890. This achievement reaffirms the company’s commitment to providing consistent and reliable income to its shareholders, who depend on their investments in P&G to maintain their financial stability.