Summary
The Procter & Gamble Company (PG) filed an 8-K on October 11, 2016, primarily to disclose its quarterly dividend declaration. The Board of Directors approved a quarterly dividend of $0.6695 per share for common and preferred stockholders. This dividend is payable on or after November 15, 2016, to shareholders of record as of October 21, 2016. The filing also includes a news release from October 11, 2016, as an exhibit, likely containing further details on the dividend and potentially other company updates.
Key Highlights
- 1Quarterly Dividend Declared: PG's Board of Directors declared a quarterly dividend.
- 2Dividend Amount: The dividend is set at $0.6695 per share.
- 3Record Date: Shareholders of record on October 21, 2016, are eligible for the dividend.
- 4Payment Date: The dividend will be paid on or after November 15, 2016.
- 5Regulation FD Disclosure: The filing is made under Regulation FD to ensure broad public disclosure of material information.
- 6Included Exhibit: A news release dated October 11, 2016, is filed as Exhibit 99.1.
Frequently Asked Questions
The primary purpose of this 8-K filing is to publicly announce the declaration of PG's quarterly dividend and provide details regarding the amount, record date, and payment date, in compliance with Regulation FD.
The declared quarterly dividend is $0.6695 per share.
Common Stock shareholders of record at the close of business on October 21, 2016, and Series A and Series B ESOP Convertible Class A Preferred Stock shareholders of record at the start of business on October 21, 2016, are eligible to receive the dividend.
The dividend is payable on or after November 15, 2016.