Procter & Gamble Company (P&G) has officially declared its quarterly dividend for shareholders. The announcement came during the company\“s regular board meeting where financial performance and shareholder returns were discussed.
The dividend amount has been set at $0.9407 per share on the Common Stock and Series A and Series B ESOP Convertible Class A Preferred Stock of the Company. This dividend is payable on or after May 15, 2024, to shareholders of record at the close of business on April 19, 2024.
This marks the 134th consecutive year that P&G has paid a dividend since its incorporation in 1890 and the 68th consecutive year that the company has increased its dividend. The consistent dividend payments demonstrate P&G\“s strong financial health and commitment to returning value to shareholders.
P&G\“s dividend yield currently stands at approximately 2.4%, making it an attractive option for income-seeking investors. The company\“s strong brand portfolio and global presence continue to drive stable cash flows, supporting its dividend distribution strategy. |