14 January 2013

P&G reports quarterly dividend

The Board of Directors of the Proctor & Gamble Company declared a quarterly dividend of $0.562 per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the company. P&G has been paying a dividend for 122 consecutive years since its incorporation in 1890 and has increased its dividend for 56 consecutive years. 



Proctor & Gamble also announced last week that current director Johnathan Rodgers has decided not to to seek re-election at P&G's annual shareholder meeting in October 2013. In addition, Terry Lundgren, chairman, president and CEO of Macy's Inc. has been appointed to the P&G board of directors, effective immediately.  



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