01—Abstract
Summary
Summary of the 8-K filed January 11, 2005. Cited figures are marked; the original filing is the authoritative source.
Procter & Gamble (PG) announced on January 11, 2005, through an 8-K filing, that its Board of Directors has declared a quarterly cash dividend.
This action is a routine disclosure under Regulation FD, informing shareholders of the company's commitment to returning value. Investors should note the dividend amount of $0.25a per share on both Common Stock and Series A ESOP Convertible Class A Preferred Stock.
The payment date is on or after February 15, 2005, with a record date of January 21, 2005. This consistent dividend payment is a signal of the company's financial stability and its ongoing dividend policy, which is typically viewed positively by income-focused investors.
02—Key points
Key Highlights
- P&G Board of Directors declared a quarterly dividend.
- Dividend amount is $0.25 per share.
- Dividend applies to Common Stock and Series A ESOP Convertible Class A Preferred Stock.
- Payment date for the dividend is on or after February 15, 2005.
- Record date for the dividend is January 21, 2005.
- The filing is a Regulation FD disclosure.
- A news release dated January 11, 2005, is attached as an exhibit.
03—Questions
Frequently Asked Questions
What is the main purpose of this 8-K filing?
The primary purpose of this 8-K filing is to publicly disclose, in accordance with Regulation FD, the declaration of a quarterly dividend by Procter & Gamble's Board of Directors.
How much is the quarterly dividend and who is eligible to receive it?
The quarterly dividend is $0.25 per share. It is payable to shareholders of record on January 21, 2005, for both the Common Stock and the Series A ESOP Convertible Class A Preferred Stock.
When will the dividend be paid?
The dividend will be paid on or after February 15, 2005.
Is this dividend declaration a new development or a continuation of policy?
This filing announces the declaration of a *quarterly* dividend, indicating it is a regular payment and a continuation of the company's established dividend policy, rather than a new or special dividend.
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