01—Abstract
Summary
Summary of the 8-K filed July 11, 2017. Cited figures are marked; the original filing is the authoritative source.
This 8-K filing from Procter & Gamble (PG) announced a routine quarterly dividend payment, a common event for mature, dividend-paying companies.
On July 11, 2017, the company's Board of Directors declared a quarterly dividend of $0.6896a per share for its common stock and preferred ESOP shares. This declaration provides clarity for investors regarding the next dividend payout, with a record date of July 21, 2017, and a payment date on or after August 15, 2017. While not indicative of significant operational changes, consistent dividend payments are often a key consideration for income-focused investors.
02—Key points
Key Highlights
- Procter & Gamble's Board of Directors declared a quarterly dividend.
- The dividend amount is $0.6896 per share for common stock.
- The dividend also applies to Series A and Series B ESOP Convertible Class A Preferred Stock.
- The record date for common stock shareholders is July 21, 2017.
- The payment date for the dividend is on or after August 15, 2017.
- This filing is made under Regulation FD Disclosure, indicating information available to the public.
- The filing includes a Dividend News Release 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 the declaration of Procter & Gamble's quarterly dividend by its Board of Directors, in compliance with Regulation FD.
How much is the quarterly dividend and when will it be paid?
The quarterly dividend is $0.6896 per share. It is payable on or after August 15, 2017, to shareholders of record as of July 21, 2017.
Does this dividend apply to all types of Procter & Gamble stock?
The declared dividend applies to the Company's Common Stock as well as its Series A and Series B ESOP Convertible Class A Preferred Stock.
Is this dividend declaration a sign of a major company change?
No, this filing primarily concerns a routine quarterly dividend payment, which is a standard practice for mature companies like Procter & Gamble. It does not signal any significant operational changes or strategic shifts based on the information provided.
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