01—Abstract
Summary
Summary of the 8-K filed October 10, 2017. Cited figures are marked; the original filing is the authoritative source.
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 $0.6896a 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.
02—Key points
Key Highlights
- Procter & Gamble declared a quarterly dividend of $0.6896 per share.
- The dividend is payable on or after November 15, 2017.
- Record date for common stock shareholders is October 20, 2017.
- Record date for Series A and Series B ESOP Preferred Stock shareholders is October 20, 2017.
- The filing was made under Regulation FD to ensure broad public disclosure.
- The company is furnishing the dividend news release as an exhibit.
03—Questions
Frequently Asked Questions
What is the main purpose of this 8-K filing?
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.
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 November 15, 2017.
Who is eligible to receive this dividend?
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.
Does this filing indicate any significant company changes or financial performance updates?
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.
04—Continue