01—Abstract
Summary
Summary of the 8-K filed October 12, 2010. Cited figures are marked; the original filing is the authoritative source.
This 8-K filing by Procter & Gamble (PG) on October 12, 2010, primarily serves as a Regulation FD disclosure, announcing a regular quarterly dividend.
The Board of Directors has declared a dividend of $0.4818a per share for common and preferred stockholders. This action is a routine shareholder return, reinforcing the company's commitment to providing consistent income to its investors.
02—Key points
Key Highlights
- Procter & Gamble announced its quarterly dividend on October 12, 2010.
- The declared dividend is $0.4818 per share for common stock.
- The dividend also applies to Series A and Series B ESOP Convertible Class A Preferred Stock.
- The payment date for the dividend is on or after November 15, 2010.
- Shareholders of record for common stock must be on record by the close of business on October 22, 2010, to receive the dividend.
- The filing is made under Item 7.01 of Form 8-K, related to Regulation FD disclosures.
- An accompanying news release dated October 12, 2010, is attached as an exhibit.
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 formally disclose, under Regulation FD, the declaration of Procter & Gamble's quarterly dividend, ensuring all investors receive the information simultaneously.
How much is the quarterly dividend and who is eligible to receive it?
The quarterly dividend is $0.4818 per share. It is payable to holders of the Company's Common Stock and its Series A and Series B ESOP Convertible Class A Preferred Stock.
What are the key dates an investor needs to be aware of regarding this dividend?
Investors should note the record date for common stock is October 22, 2010. The dividend payment will be made on or after November 15, 2010.
Is this a new or special dividend announcement?
This appears to be a regular quarterly dividend announcement, consistent with the company's practice of returning value to shareholders.
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