01—Abstract
Summary
Summary of the 8-K filed October 13, 2020. Cited figures are marked; the original filing is the authoritative source.
This 8-K filing from Procter & Gamble (PG) primarily serves as a Regulation FD disclosure regarding the company's board of directors' declaration of a quarterly dividend.
The dividend amount is set at $0.7907a per share for both common stock and specific preferred stock classes. This indicates a continued commitment to returning capital to shareholders, a key factor for many income-focused investors.
02—Key points
Key Highlights
- Procter & Gamble's Board of Directors declared a quarterly dividend of $0.7907 per share.
- The dividend applies to Common Stock and Series A and Series B ESOP Convertible Class A Preferred Stock.
- The payment date for the dividend is on or after November 16, 2020.
- Record date for Common Stock shareholders is October 23, 2020.
- Record date for Series A and Series B ESOP Convertible Class A Preferred Stock shareholders is October 23, 2020.
- The filing was made under Regulation FD (Item 7.01) to ensure broad public disclosure of the dividend information.
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 and disclose the company's board of directors' decision to declare a quarterly dividend, in compliance with Regulation FD.
How much is the quarterly dividend and who is eligible to receive it?
The quarterly dividend is $0.7907 per share. It is payable to holders of Procter & Gamble's Common Stock and its Series A and Series B ESOP Convertible Class A Preferred Stock.
When will shareholders receive the dividend payment?
The dividend payment is scheduled to be made on or after November 16, 2020, for eligible shareholders.
What is the record date to be eligible for the dividend?
The record date to be eligible for the dividend is October 23, 2020. Shareholders must be on record as of the close of business on this date for Common Stock, and the start of business for the specified preferred stock classes.
04—Continue