Procter and Gamble Stock Dividend Date: Everything You Need to Know
Determining the Procter & Gamble (P&G) stock dividend date is crucial for investors to plan their income and transactions. Below is a detailed guide to P&G's dividend history, key dates, and how to track future payouts.
1. P&G Dividend History (2023-2024)
P&G has historically maintained a quarterly dividend policy, with payments typically announced in January, April, July, and October. Below are recent dividend dates (as of 2023):
Dividend Date
Ex-Dividend Date
Record Date
Dividend Amount
January 26, 2024
January 10, 2024
January 8, 2024
$0.635 per share
April 26, 2024
April 11, 2024
April 9, 2024
$0.635 per share
July 26, 2024
July 10, 2024
July 8, 2024
$0.635 per share
October 26, 2024
October 10, 2024
October 8, 2024
$0.635 per share
Note: Amounts and dates are subject to change. Verify with official sources.
2. Key Terms Explained
Dividend Date: When P&G actually pays the dividend to shareholders.
Ex-Dividend Date: The cutoff date to own shares by which you’re eligible for the dividend. Buy before this date to qualify.
Record Date: P&G’s official record of shareholders (typically 2 days before the ex-dividend date).
Dividend Yield: Current yield based on stock price (P&G’s yield is ~2.5% in 2023).
3. How to Track Future Dividend Dates
Company Website: Check the Investor Relations page for announcements.
Yahoo Finance/Seeking Alpha: Use filters like “Dividend History” for P&G ( ticker: PG ).
SEC Filings: Review Form 8-K or 10-K for dividend policy updates.
Stock Brokers: Platforms like Fidelity or Robinhood often provide dividend alerts.
4. Why P&G’s Dividends Matter
Consistency: P&G has paid dividends to shareholders for 127 consecutive years, a hallmark of financial stability.
Growth: The dividend has grown at an average annual rate of ~5.5% since 2000.
Safety: P&G’s payout ratio (dividends as % of net income) is ~50%, leaving room for growth.
5. Risks to Watch
Economic Downturns: Consumer spending on P&G products (toiletries, snacks) may decline during recessions.
Regulatory Changes: Trade policies or sustainability mandates could impact margins.
Stock Price Volatility: Dividend yield fluctuates with share price movements.
6. Steps to Receive P&G Dividends
Hold Shares Before Ex-Dividend Date: Ensure you own the stock by the ex-date.
Update Your Address: Confirm your broker/transfer agent has your current contact details.
Tax Reporting: Dividends are taxable in the year they’re paid ( consult a tax advisor ).
7. Common Questions
Q: Can P&G cut or skip dividends?
A: P&G has never skipped a dividend, but during crises (e.g., 2008), it reduced growth temporarily.
Q: How much dividend can I earn annually?
A: At 0.635/share quarterly, 100 shares yield ~2.54/year. Multiply by your holdings.
Q: Is P&G a good dividend stock?
A: Yes, if you prioritize stability and consistent income. Pair with fundamental analysis (P/E ratio, debt levels).
8. Resources
P&G Investor Relations
Yahoo Finance – PG Dividend History
Morningstar – P&G Analysis
By staying informed about P&G’s dividend dates and policies, you can optimize your investment strategy and capitalize on its long-term reliability. Always cross-verify data from multiple sources before acting.
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