P&G Raises Dividend 7%

The Procter & Gamble Company PG announced that its Board of Directors declared an increase in the quarterly dividend from $0.562 to $0.6015 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, 2013 to Common Stock shareholders of record at the close of business on April 26, 2013, and to Series A and Series B Preferred Stock shareholders of record at the start of business on April 26, 2013. This represents a 7% increase compared to the prior quarterly dividend. P&G has been paying a dividend for 123 consecutive years since its incorporation in 1890. This marks the 57th consecutive year See full press release