01—Abstract
Summary
Summary of the 8-K filed April 8, 2016. Cited figures are marked; the original filing is the authoritative source.
This 8-K filing by The Procter & Gamble Company (PG), dated April 8, 2016, primarily serves as a Regulation FD disclosure announcing the company's quarterly dividend.
The Board of Directors has declared a dividend of $0.6695a per share for common and preferred stockholders. This payment is scheduled for distribution on or after May 16, 2016, with a record date of April 18, 2016.
02—Key points
Key Highlights
- The Procter & Gamble Company declared a quarterly dividend of $0.6695 per share.
- The dividend applies to both Common Stock and Series A and Series B ESOP Convertible Class A Preferred Stock.
- Payment date for the dividend is on or after May 16, 2016.
- Record date for common shareholders is close of business on April 18, 2016.
- Record date for preferred shareholders is start of business on April 18, 2016.
- The filing is made under Regulation FD to ensure fair disclosure of material information.
- A news release dated April 8, 2016, is furnished 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 publicly announce and ensure fair disclosure of the company's quarterly dividend declaration, in compliance with Regulation FD.
How much is the quarterly dividend and who is eligible to receive it?
The quarterly dividend is $0.6695 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.
When will the dividend be paid and what is the record date?
The dividend will be paid on or after May 16, 2016. The record date for common stock shareholders is the close of business on April 18, 2016, and for preferred stock shareholders, it is the start of business on April 18, 2016.
04—Continue