Procter & Gamble Offers 10% Dividend

Time to invest in PG!

Procter and Gamble is trading near 5 year lows and just announced a 10% Dividend in its stock.

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• Maximum Optional Cash Investment - $6,000,000 (one time and annual)
• Minimum Initial Investment - $250
• Minimum Optional Cash Investment - $50
• Sales Fee - $15.00 ($7.50 if requested online), plus $0.12 per share
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Procter & Gamble Co. said late Tuesday that it will raise its quarterly dividend on its stock by 10 percent, to 44 cents per share from 40 cents.

The increase refers to P&G common stock, and series A and series B ESOP convertible class A preferred stock. It is payable on or after May 15 to shareholders of record as of April 24, according to a news release.


P&G said in the release that it has been paying dividends since 1890, and the increase is the 53rd the company has declared.

Cincinnati-based Procter & Gamble (NYSE: PG) is a manufacturer and marketer of consumer products and pharmaceuticals.