P&G (PG) Boosts Qtr. Dividend by 10% to $0.44/Share, Yielding 3.72%

April 14, 2009 5:30 PM EDT

The Procter & Gamble Company (NYSE: PG) announced that its Board has approved a 10% increase in its quarterly dividend from $0.40 to $0.44 per common share, payable on or after May 15, 2009 to shareholders of record at the close of business on April 24, 2009.

With shares of P&G closing at $47.25 today, the dividend now yields 3.72%, up from 3.39% previously.


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