01—Abstract
Summary
Summary of the 8-K filed July 12, 2016. Cited figures are marked; the original filing is the authoritative source.
The Procter & Gamble Company (PG) filed an 8-K on July 12, 2016, primarily to announce a routine dividend declaration.
The Board of Directors approved a quarterly dividend of $0.6695a per share, payable on or after August 15, 2016, to shareholders of record on July 22, 2016. This filing is in accordance with Regulation FD, ensuring all investors receive the information simultaneously. For investors, this announcement confirms the company's continued commitment to returning capital to shareholders.
While not indicative of significant operational changes, the consistent dividend payment is a key factor for income-focused investors in PG. The filing also includes a news release dated July 12, 2016, as an exhibit, which likely provides further context around this dividend declaration.
02—Key points
Key Highlights
- Declaration of a quarterly dividend of $0.6695 per share.
- Dividend payment date on or after August 15, 2016.
- Record date for common stock shareholders is July 22, 2016.
- Record date for Series A and Series B ESOP Convertible Class A Preferred Stock shareholders is July 22, 2016.
- Filing made under Regulation FD Disclosure (Item 7.01).
- Includes Exhibit 99.1: News Release dated July 12, 2016.
- Susan S. Whaley, Assistant Secretary, signed the report.
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 announce that The Procter & Gamble Company's Board of Directors has declared a quarterly cash dividend and to comply with Regulation FD disclosure requirements.
What is the amount of the quarterly dividend and when will it be paid?
The quarterly dividend declared is $0.6695 per share. It is payable on or after August 15, 2016.
Who is eligible to receive this dividend?
Common Stock shareholders of record at the close of business on July 22, 2016, and Series A and Series B ESOP Convertible Class A Preferred Stock shareholders of record at the start of business on July 22, 2016, are eligible to receive this dividend.
Does this filing indicate any significant changes in the company's operations or financial performance?
No, this 8-K filing is primarily a routine disclosure of a dividend declaration. It does not report on operational changes or financial performance beyond the dividend announcement itself. Investors should refer to other filings for detailed financial information.
04—Continue