Procter and Gamble Dividend Dates 2021: A Comprehensive Guide
Procter & Gamble (P&G), a leading consumer goods company, has maintained a consistent dividend history, making it a popular choice for income investors. In 2021, P&G paid quarterly dividends, and below is a detailed breakdown of the dividend dates, key terms, and insights for investors.
2021 P&G Dividend Dates
P&G’s 2021 dividend schedule followed its typical pattern of announcing, declaring, and distributing dividends quarterly. Below are the exact dates for each quarter:
First Quarter (Q1 2021):
Announcement Date: March 10, 2021
Record Date: April 15, 2021
Ex-Dividend Date: April 14, 2021 (shareholders purchased before this date received the dividend)
Dividend Payable Date: May 3, 2021
Dividend per Share: $0.58
Second Quarter (Q2 2021):
Announcement Date: June 9, 2021
Record Date: July 15, 2021
Ex-Dividend Date: July 14, 2021
Dividend Payable Date: August 2, 2021
Dividend per Share: $0.58
Third Quarter (Q3 2021):
Announcement Date: September 8, 2021
Record Date: October 15, 2021
Ex-Dividend Date: October 14, 2021
Dividend Payable Date: November 2, 2021
Dividend per Share: $0.58
Fourth Quarter (Q4 2021):
Announcement Date: December 8, 2021
Record Date: January 15, 2022
Ex-Dividend Date: January 14, 2022
Dividend Payable Date: February 1, 2022
Dividend per Share: $0.58
Total Annual Dividend in 2021: $2.32 per share.
Key Terms Explained
Announcement Date: When P&G publicly declares the dividend amount.
Record Date: The cutoff date to determine eligible shareholders.
Ex-Dividend Date: The last day to buy shares and still receive the dividend (typically one business day before the record date).
Dividend Payable Date: When the dividend is actually distributed to shareholders.
2021 Dividend Highlights
Consistency: P&G maintained its reputation for stable dividends, with no cuts or suspensions in 2021.
Growth: The annual dividend grew by 5.2% year-over-year (from 2.20 in 2020 to 2.32 in 2021), reflecting strong cash flow and disciplined capital allocation.
Dividend Yield: At the time of distribution, the yield ranged between 2.5%–2.7%, making P&G a reliable income stock.
Investor Considerations
Tax Implications: Dividends are taxable in the year they are received. In the U.S., qualified dividends are taxed at lower rates (0%, 15%, or 20%).
Stock Price Impact: The ex-dividend date often correlates with a minor price drop as investors factor in the dividend yield.
Source of Funds: P&G funds dividends from its cash reserves and free cash flow, ensuring sustainability.
Conclusion
P&G’s 2021 dividend schedule exemplifies its commitment to shareholder returns. By paying $0.58 per share quarterly, the company reinforced its status as a "dividend aristocrat." Investors who held shares before the ex-dividend dates successfully capitalized on this consistent income stream. For future planning, monitoring P&G’s investor relations page or financial platforms like Yahoo Finance or Bloomberg is recommended to track upcoming dividend announcements.
Note: This guide is for informational purposes only. Verify dates and figures through official P&G disclosures or financial data providers.
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