Summary
Procter & Gamble (PG) filed an 8-K on October 10, 2017, primarily to disclose a routine dividend declaration by its Board of Directors. The filing confirms a quarterly dividend of $0.6896 per share. This dividend is set to be paid on or after November 15, 2017, to shareholders of record on October 20, 2017. This announcement, made under Regulation FD, ensures all investors receive timely and equal access to material information. While not indicative of a major strategic shift, the consistent declaration of dividends reflects P&G's ongoing commitment to returning capital to shareholders, a factor often viewed positively by income-focused investors.
Key Highlights
- 1Procter & Gamble declared a quarterly dividend of $0.6896 per share.
- 2The dividend is payable on or after November 15, 2017.
- 3Record date for common stock shareholders is October 20, 2017.
- 4Record date for Series A and Series B ESOP Preferred Stock shareholders is October 20, 2017.
- 5The filing was made under Regulation FD to ensure broad public disclosure.
- 6The company is furnishing the dividend news release as an exhibit.
Frequently Asked Questions
The primary purpose of this 8-K filing is to publicly announce Procter & Gamble's declaration of its quarterly dividend, in compliance with Regulation FD.
The quarterly dividend is $0.6896 per share. It is payable on or after November 15, 2017.
Common stock shareholders of record at the close of business on October 20, 2017, and Series A and Series B ESOP Convertible Class A Preferred Stock shareholders of record at the start of business on October 20, 2017, are eligible to receive the dividend.
No, this 8-K filing is routine and specifically related to the declaration of a dividend. It does not contain updates on financial performance or significant strategic business changes.