01—Abstract
Summary
Summary of the 8-K filed April 11, 2017. Cited figures are marked; the original filing is the authoritative source.
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 $0.6896a 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.
02—Key points
Key Highlights
- Quarterly dividend declared: $0.6896 per share.
- Dividend payable on or after May 15, 2017.
- Record date for common stock shareholders: April 21, 2017.
- Record date for Series A and Series B ESOP Convertible Class A Preferred Stock shareholders: April 21, 2017.
- Filing made under Regulation FD (Item 7.01).
- Exhibit 99.1 contains the Dividend News Release.
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 Procter & Gamble's quarterly dividend declaration and payment details, ensuring compliance with Regulation FD.
How much is the quarterly dividend and when will it be paid?
The quarterly dividend is $0.6896 per share and will be payable on or after May 15, 2017.
Who is eligible to receive this dividend?
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.
What is the record date for the dividend payment?
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.
04—Continue