Summary
Procter & Gamble (PG) announced a quarterly dividend of $0.7907 per share, payable on or after May 15, 2020. This demonstrates the company's continued commitment to returning capital to shareholders, a key factor for income-oriented investors. Furthermore, P&G is accelerating its third-quarter earnings release date to April 17, 2020, from April 21. The company explicitly stated this move is for prompt and transparent communication with shareholders and not indicative of financial performance. Investors should note this change in reporting schedule, while also understanding it is not a signal about the upcoming earnings themselves.
Key Highlights
- 1Declaration of a quarterly dividend of $0.7907 per share.
- 2Dividend payment is scheduled for on or after May 15, 2020.
- 3Record dates for dividend payment are April 24, 2020, for both Common Stock and Preferred Stock.
- 4Third quarter earnings release date advanced to April 17, 2020.
- 5Original earnings release date was April 21, 2020.
- 6The company states the advancement of the earnings release is for timely shareholder communication, not a performance indicator.
- 7The filing is made under Regulation FD Disclosure.
Frequently Asked Questions
The quarterly dividend declared is $0.7907 per share.
The dividend is payable on or after May 15, 2020.
Procter & Gamble stated the objective is to provide shareholders with information as quickly and transparently as possible. They emphasize this change should not be interpreted as an indication of positive or negative results.
Common Stock shareholders of record at the close of business on April 24, 2020, and Series A and Series B ESOP Convertible Class A Preferred Stock shareholders of record at the start of business on April 24, 2020, are eligible for the dividend.