Cleaning & Maintenance Management Online

Procter & Gamble claims nine percent quarterly dividend increase

April 13, 2011

CINCINNATI — The board of directors at Procter & Gamble (P&G) recently noted a nine percent quarterly increase on their stock, increasing it from 48.18 cents ($0.4818) to 52.5 cents ($0.525), according to a press release.

P&G has been paying a dividend to their stock holders for 121 consecutive years, since its incorporation, and for 55 years the company has increased its dividend by about 9.5 percent according to the article.

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