P&G Declares Dividend Increase (2024)

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P&G Declares Dividend Increase

April 13, 2021

CINCINNATI--(BUSINESS WIRE)-- The Board of Directors of The Procter & Gamble Company (NYSE:PG) declared an increased quarterly dividend of $0.8698 per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company, payable on or after May 17, 2021, to Common Stock shareholders of record at the close of business on April 23, 2021, and to Series A and Series B ESOP Convertible Class A Preferred Stock shareholders of record at the start of business on April 23, 2021. This represents a 10% increase compared to the prior quarterly dividend.

P&G Declares Dividend Increase (8)

P&G is committed to returning value to shareholders. (Graphic: Business Wire)

This dividend increase will mark the 65th consecutive year that P&G has increased its dividend and the 131st consecutive year that P&G has paid a dividend since its incorporation in 1890, demonstrating the Company’s commitment to – and extending its long-term track record of – returning cash to shareholders.

About Procter & Gamble

P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit https://www.pg.com for the latest news and information about P&G and its brands. For other P&G news, visit us at https://www.pg.com/news.

Category: PG-IR

P&G Declares Dividend Increase (9)

P&G Media Contact
Jennifer Corso
+1-513-983-2570

P&G Investor Relations Contact
John Chevalier
+1-513-983-9974

Source: Procter & Gamble

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P&G Declares Dividend Increase (2024)

FAQs

Did P&G increase dividends? ›

Recently, Procter & Gamble (NYSE:PG) announced its 68th consecutive dividend increase along with its Fiscal Q3 results. Renowned for its portfolio of 65 household-name brands, the consumer staples titan upheld its long-standing tradition of growing dividends annually.

What is the dividend declared by Procter and Gamble? ›

For the year ending June 2023 Procter & Gamble Health has declared an equity dividend of 950.00% amounting to Rs 95 per share. At the current share price of Rs 4998.00 this results in a dividend yield of 1.9%. The company has a good dividend track report and has consistently declared dividends for the last 5 years.

What is the earnings prediction for Procter and Gamble? ›

PG Earnings Forecast

Next quarter's earnings estimate for PG is $1.37 with a range of $1.34 to $1.41. The previous quarter's EPS was $1.52. PG beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 64.28% of the time in the same period.

What is the highest P&G stock has ever been? ›

Procter & Gamble - 54 Year Stock Price History | PG
  • The all-time high Procter & Gamble stock closing price was 168.56 on June 18, 2024.
  • The Procter & Gamble 52-week high stock price is 168.97, which is 0.4% above the current share price.

Is PG a good dividend stock? ›

Procter & Gamble Co (NYSE:PG) is one of the most coveted dividend stocks in the market, with 68 years of consistent dividend increases.

Will P&G stock split again? ›

Don't expect another split soon

A picture of P&G's most popular products. Image source: P&G. The climate isn't bullish for splits in general, either. It's been almost 30 years since either Unilever or Kimberly-Clark announced a stock split, and so there's little pressure on P&G executives to push for one today.

What are the three dividend stocks to buy and hold forever? ›

3 Magnificent Dividend Stocks to Buy and Hold Forever
  • Johnson & Johnson (NYSE: JNJ) has been a favorite for income investors for decades. ...
  • Target (NYSE: TGT) has been in business since 1902. ...
  • Verizon Communications (NYSE: VZ) is the newbie on the list.
Jun 1, 2024

What will be the share price of P&G in 2025? ›

Long-Term Procter & Gamble Stock Price Predictions
YearPredictionChange
2025$ 177.476.40%
2026$ 188.8313.22%
2027$ 200.9220.47%
2028$ 213.7928.18%
2 more rows

Is Procter and Gamble stock overvalued? ›

Compared to the current market price of 168.26 USD, Procter & Gamble Co is Overvalued by 28%.

How many times has P&G stock split? ›

Procter & Gamble stock (symbol: PG) underwent a total of 6 stock splits. The most recent stock split occurred on June 21st, 2004. One PG share bought prior to May 19th, 1970 would equal to 64 PG shares today.

What stock pays the best monthly dividends? ›

7 Best Monthly Dividend Stocks to Buy Now
Monthly Dividend StockMarket CapitalizationTrailing Dividend Yield*
SL Green Realty Corp. (SLG)$3.7 billion5.5%
Gladstone Capital Corp. (GLAD)$492 million9.5%
Realty Income Corp. (O)$46 billion5.8%
PennantPark Floating Rate Capital Ltd. (PFLT)$749 million11.9%
3 more rows
4 days ago

Is Procter and Gamble a buy or sell? ›

Procter & Gamble stock has received a consensus rating of buy. The average rating score is Aa3 and is based on 60 buy ratings, 10 hold ratings, and 0 sell ratings.

How is P&G doing financially? ›

CINCINNATI--(BUSINESS WIRE)-- The Procter & Gamble Company (NYSE:PG) reported third quarter fiscal year 2024 net sales of $20.2 billion, an increase of one percent versus the prior year. Organic sales, which excludes the impacts of foreign exchange and acquisitions and divestitures, increased three percent.

What is the price target for P&G 12 month? ›

Analyst Price Targets

Based on analysts offering 12 month price targets for PG in the last 3 months. The average price target is $171 with a high estimate of $185 and a low estimate of $156.

How much is the P&G dividend per year? ›

PG 's annual dividend is $4.03 per share. This is the total amount of dividends paid out to shareholders in a year. The Procter & Gamble Company's ( PG ) ex-dividend date is April 18, 2024 , which means that buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment.

What company pays the highest dividend stock? ›

Altria Group Inc.

Often the highest dividend stock in the S&P 500, Altria is a consumer staples brand that has tremendous staying power.

Why are dividends going up? ›

Dividend Increases

If the company is performing well and cash flows are improving, there is more room to pay shareholders higher dividends. In this context, a dividend hike is a positive indicator of company performance.

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