P&g declares a 7% dividend increase
Cincinnati--(business wire)--the procter & gamble company (nyse:pg) announced that its board of directors declared an increase in the quarterly dividend from $0.6015 to $0.6436 per share on its common stock and on the series a and series b esop convertible class a preferred stock of the company, payable on or after may 15, 2014, to common stock shareholders of record at the close of business on april 25, 2014, and to series a and series b preferred stock shareholders of record at the start of business on april 25, 2014. this represents a 7% increase compared to the prior quarterly dividend. p&g has been paying a dividend for 124 consecutive years since its incorporation in 1890. this marks the 58th consecutive year that the company has increased its dividend. about procter & gamble p&g serves approximately 4.8 billion people around the world with its brands. the company has one of the strongest portfolios of trusted, quality, leadership brands, including ace®, always®, ambi pur®, ariel®, bounty®, charmin®, crest®, dawn®, downy®, duracell®, fairy®, febreze®, fusion®, gain®, gillette®, head & shoulders®, iams®, lenor®, mach3®, olay®, oral-b®, pampers®, pantene®, prestobarba®, sk-ii®, tide®, vicks®, wella®, and whisper®. the p&g community includes operations in approximately 70 countries worldwide. please visit http://www.pg.com for the latest news and in-depth information about p&g and its brands.
