Summary
Procter & Gamble (PG) filed an 8-K on April 11, 2017, primarily to disclose its quarterly dividend declaration. The Board of Directors approved a dividend of $0.6896 per share for common and certain preferred stockholders. This announcement, made in accordance with Regulation FD, provides timely information to investors regarding the company's commitment to returning capital to shareholders.
Key Highlights
- 1Quarterly dividend declared: $0.6896 per share.
- 2Dividend payable on or after May 15, 2017.
- 3Record date for common stock shareholders: April 21, 2017.
- 4Record date for Series A and Series B ESOP Convertible Class A Preferred Stock shareholders: April 21, 2017.
- 5Filing made under Regulation FD (Item 7.01).
- 6Exhibit 99.1 contains the Dividend News Release.
Frequently Asked Questions
The main purpose of this 8-K filing is to publicly announce Procter & Gamble's quarterly dividend declaration and payment details, ensuring compliance with Regulation FD.
The quarterly dividend is $0.6896 per share and will be payable on or after May 15, 2017.
Common Stock shareholders and Series A and Series B ESOP Convertible Class A Preferred Stock shareholders are eligible to receive this dividend, provided they meet the respective record date requirements.
The record date for common stock shareholders is April 21, 2017, and for Series A and Series B ESOP Convertible Class A Preferred Stock shareholders, it is also April 21, 2017.