01—Abstract
Summary
Summary of the 8-K filed April 13, 2021. Cited figures are marked; the original filing is the authoritative source.
Procter & Gamble (PG) filed an 8-K on April 13, 2021, primarily to announce a regular quarterly dividend payment.
The company's Board of Directors declared a dividend of $0.8698a per share. This dividend is set to be paid on or after May 17, 2021, with a record date of April 23, 2021, for both common and preferred stock shareholders. This announcement is a routine disclosure under Regulation FD and provides visibility into the company's commitment to returning capital to shareholders.
For investors, this filing confirms the continuation of P&G's dividend program, a key component of its shareholder return strategy. The consistent dividend payout underscores the company's financial stability and its ability to generate sufficient cash flow to support ongoing distributions. Investors relying on dividend income can anticipate this payment according to the specified schedule.
02—Key points
Key Highlights
- Procter & Gamble declared a quarterly dividend of $0.8698 per share.
- The dividend payment is scheduled for on or after May 17, 2021.
- The record date for common stock shareholders is April 23, 2021.
- The record date for Series A and Series B ESOP Convertible Class A Preferred Stock shareholders is also April 23, 2021.
- The filing is made under Regulation FD to ensure broad public disclosure.
- Exhibit 99.1 contains the official Dividend News Release.
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 announce Procter & Gamble's regular quarterly dividend declaration and payment details, ensuring compliance with Regulation FD.
How much is the new quarterly dividend per share?
The newly declared quarterly dividend is $0.8698 per share for both common stock and specified preferred stock.
When will the dividend be paid and to whom?
The dividend will be paid on or after May 17, 2021, to shareholders of record as of the close of business on April 23, 2021 (for common stock) and start of business on April 23, 2021 (for preferred stock).
Does this filing indicate any significant change in the company's financial performance?
This filing solely pertains to the dividend declaration and does not inherently indicate a change in financial performance. It reflects the company's ongoing commitment to returning capital to shareholders through its regular dividend program, which is typically supported by consistent cash flows.
04—Continue