01—Abstract
Summary
Summary of the 8-K filed January 11, 2011. Cited figures are marked; the original filing is the authoritative source.
This 8-K filing from Procter & Gamble (PG) on January 11, 2011, primarily serves as a Regulation FD disclosure regarding the company's dividend declaration.
The Board of Directors declared a quarterly dividend of $0.4818a per share for its common stock and specific preferred stocks. This announcement provides important information for shareholders concerning the distribution of profits and the timing of payments.
02—Key points
Key Highlights
- Procter & Gamble's Board of Directors declared a quarterly dividend.
- The dividend amount 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 common stock shareholders is on or after February 15, 2011.
- Record date for common stock shareholders is January 21, 2011 (close of business).
- The filing is furnished under Regulation FD disclosure (Item 7.01).
- An accompanying news release dated January 11, 2011, is included 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 disclose, under Regulation FD, the declaration of a quarterly dividend by Procter & Gamble's Board of Directors.
What is the amount of the quarterly dividend being declared?
The declared quarterly dividend is $0.4818 per share for the Company's common stock and Series A and Series B ESOP Convertible Class A Preferred Stock.
When will shareholders receive this dividend payment?
The dividend is payable on or after February 15, 2011, for common stock shareholders. For preferred stockholders, it is payable on the same dividend payment date as common stock shareholders.
Who is eligible to receive the dividend?
Common stock shareholders of record at the close of business on January 21, 2011, are eligible. Series A and Series B ESOP Convertible Class A Preferred Stock shareholders of record at the start of business on the common stock dividend payment date are also eligible.
04—Continue