01—Abstract
Summary
Summary of the 8-K filed July 13, 2009. Cited figures are marked; the original filing is the authoritative source.
The Procter & Gamble Company (PG) filed an 8-K on July 13, 2009, primarily to announce a routine quarterly dividend declaration.
The Board of Directors declared a cash dividend of $0.44a per share on its common stock and certain preferred stocks. This dividend is payable on or after August 17, 2009, to shareholders of record as of the close of business on July 24, 2009. This filing, made under Regulation FD, ensures timely and broad public dissemination of this important shareholder information.
02—Key points
Key Highlights
- Quarterly Dividend Declared: PG's Board of Directors approved a quarterly dividend of $0.44 per share.
- Dividend Payment Date: The dividend is payable on or after August 17, 2009.
- Record Date: Shareholders must be on record by July 24, 2009, to receive the dividend.
- Type of Stock Covered: The dividend applies to Common Stock and Series A and Series B ESOP Convertible Class A Preferred Stock.
- Regulation FD Disclosure: The 8-K filing was made under Regulation FD to ensure public disclosure.
- Routine Corporate Action: This filing represents a standard declaration of dividends, a regular event for the company.
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 publicly announce the declaration of a quarterly dividend by The Procter & Gamble Company's Board of Directors, in compliance with Regulation FD.
How much is the quarterly dividend and when will it be paid?
The quarterly dividend is $0.44 per share and is payable on or after August 17, 2009.
Who is eligible to receive this dividend?
Shareholders of record of the Company's Common Stock and Series A and Series B ESOP Convertible Class A Preferred Stock at the close of business on July 24, 2009, are eligible to receive the dividend.
Does this filing indicate any significant change in the company's financial performance?
No, this filing is a routine disclosure of a declared dividend and does not, by itself, indicate any significant change in the company's financial performance. Dividend declarations are standard practice for mature companies like Procter & Gamble.
04—Continue