P&G Declares a 9.5% Dividend Increase
Press release from the issuing company
Tuesday, April 20th, 2010
The Procter & Gamble Company (NYSE: PG) announced that its Board of Directors declared an increase in the quarterly dividend from $0.44 to $0.4818 per share on its 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, 2010 to shareholders of record at the close of business on April 30, 2010. This represents a 9.5% increase compared to the prior quarterly dividend.
P&G has been paying a dividend for 120 consecutive years since its incorporation in 1890. This marks the 54th consecutive year that the Company has increased the dividend.
