Summary
The Procter & Gamble Company (PG) filed an 8-K on April 11, 2023, primarily to announce a routine quarterly dividend declaration. The Board of Directors has approved a dividend of $0.9407 per share for common stock and certain preferred stock classes. This dividend is payable on or after May 15, 2023, with a record date of April 21, 2023, for both common and preferred shareholders. This filing, made under Regulation FD, ensures timely and equal dissemination of this material information to investors.
Key Highlights
- 1Quarterly Dividend Declared: PG's Board of Directors declared a quarterly dividend of $0.9407 per share.
- 2Record Date Set: Shareholders of record as of April 21, 2023, will be eligible for the dividend.
- 3Payment Date: The dividend is scheduled to be paid on or after May 15, 2023.
- 4Regulation FD Compliance: The 8-K filing ensures transparent and simultaneous disclosure of dividend information.
- 5Applies to Common and Preferred Stock: The dividend applies to both common stock and Series A and Series B ESOP Convertible Class A Preferred Stock.
Frequently Asked Questions
The quarterly dividend declared is $0.9407 per share for common stock and certain preferred stock.
Shareholders of record of the Company's Common Stock, Series A ESOP Convertible Class A Preferred Stock, and Series B ESOP Convertible Class A Preferred Stock as of the close of business (or start of business for preferred) on April 21, 2023, are eligible.
The dividend will be paid on or after May 15, 2023.
The filing was made under Item 7.01 (Regulation FD Disclosure) to ensure that material information regarding the dividend declaration is disseminated publicly and simultaneously to all investors.