P&G Declares Dividend Increase
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CINCINNATI--(BUSINESS WIRE)-- The Board of Directors of The Procter & Gamble Company (NYSE: PG) declared an increased quarterly dividend of $0.6896 per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company, payable on or after May 15, 2017, to Common Stock shareholders of record at the close of business on April 21, 2017, and to Series A and Series B ESOP Convertible Class A Preferred Stock shareholders of record at the start of business on April 21, 2017. This represents a 3% increase compared to the prior quarterly dividend.
This dividend increase marks the 61st consecutive year that P&G has increased its dividend, demonstrating its commitment to – and extending its long-term track record of – returning cash to shareholders. The Company expects total dividend payments to shareholders of more than $7 billion in fiscal year 2017, bringing total dividends paid over the last decade to more than $62 billion. P&G has been paying a dividend for 127 consecutive years since its incorporation in 1890.
About Procter & Gamble
P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit http://www.pg.com for the latest news and information about P&G and its brands.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170411006164/en/
P&G Media Contacts:
Damon Jones, 513-983-0190
or
Jennifer
Corso, 513-983-2570
or
P&G Investor Relations Contact:
John
Chevalier, 513-983-9974
Source: The Procter & Gamble Company
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