01—Abstract
Summary
Summary of the 8-K filed October 14, 2008. Cited figures are marked; the original filing is the authoritative source.
The Procter & Gamble Company (PG) filed an 8-K on October 14, 2008, to disclose a routine but important action by its Board of Directors.
The Board declared a quarterly cash dividend of $0.40a per share for its common stock and certain preferred stock. This action is particularly relevant for income-focused investors who rely on consistent dividend payouts.
02—Key points
Key Highlights
- Quarterly dividend declared: $0.40 per share.
- Dividend applies to common stock and Series A/B ESOP Convertible Class A Preferred Stock.
- Payment date: on or after November 14, 2008.
- Record date for dividend: close of business on October 24, 2008.
- Filing made under Regulation FD Disclosure (Item 7.01).
- Company filing an accompanying news release dated October 14, 2008.
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 announce the quarterly dividend declaration by The Procter & Gamble Company's Board of Directors, in compliance with Regulation FD.
How much is the dividend and when will it be paid?
The declared quarterly dividend is $0.40 per share. It will be paid on or after November 14, 2008.
Who is eligible to receive this dividend payment?
Shareholders of record at the close of business on October 24, 2008, are eligible to receive the dividend. This includes holders of the Company's common stock and its Series A and Series B ESOP Convertible Class A Preferred Stock.
Is this dividend a sign of strong financial performance?
While a declared dividend is generally a positive signal of a company's ability to return value to shareholders, this specific filing only announces the dividend amount and payment details. It does not provide information on the company's financial performance for the quarter. Investors should refer to the company's earnings releases and other financial statements for performance insights.
04—Continue