Procter & Gamble: dividend raised 7%
(CercleFinance.com) - Procter & Gamble (P&G) reports that its Board of Directors has approved a quarterly dividend of $1.
0065 per share on Tuesday evening, up 7% from its previous level.
The US consumer staples giant states that this new dividend will be payable from 15 May, to shareholders registered on 19 April.
This is the 68th consecutive year that P&G has increased its dividend, and the 134th year in a row that it has paid a dividend since its incorporation in 1890, the owner of the Gillette, Pampers, Ariel and Oral-B brands, amongst other iconic brands, says.
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