01—Abstract
Summary
Summary of the 8-K filed July 11, 2006. Cited figures are marked; the original filing is the authoritative source.
This 8-K filing from The Procter & Gamble Company, dated July 11, 2006, primarily announces a routine corporate action: the declaration of a quarterly dividend.
The Board of Directors has approved a dividend of $0.31a per share for both common and certain preferred stock. This declaration is important for investors as it signals the company's continued commitment to returning value to shareholders.
The dividend is payable on or after August 15, 2006, to shareholders of record as of July 21, 2006. While not indicative of significant operational changes, consistent dividend payments are often viewed as a sign of financial stability and confidence in future earnings by management.
02—Key points
Key Highlights
- The Procter & Gamble Company's Board of Directors declared a quarterly dividend.
- The dividend amount is $0.31 per share.
- The dividend applies to both Common Stock and Series A and Series B ESOP Convertible Class A Preferred Stock.
- The payment date for the dividend is on or after August 15, 2006.
- Shareholders of record as of the close of business on July 21, 2006, are eligible to receive the dividend.
- This filing is made under Regulation FD Disclosure (Item 7.01).
03—Questions
Frequently Asked Questions
What is the main purpose of this 8-K filing?
The main purpose of this 8-K filing is to officially announce that The Procter & Gamble Company's Board of Directors has declared a quarterly cash dividend for its shareholders.
How much is the quarterly dividend per share?
The quarterly dividend declared is $0.31 per share.
Who is eligible to receive this dividend?
Shareholders who own common stock or the specified series of preferred stock and are on record as of the close of business on July 21, 2006, are eligible to receive the dividend.
When will the dividend be paid?
The dividend will be paid on or after August 15, 2006.
04—Continue