Procter & Gamble Bumps Dividend to Almost 87 Cents A Share
By Micah Maidenberg
Procter & Gamble Co. said Tuesday it raised its quarterly
dividend to roughly 87 cents a share, a 10% increase compared with
the payout for the prior quarter.
The increase comes after the consumer products giant has
reported strong results during the pandemic, with demand for
beauty, health and grooming all gaining ground in the company's
fiscal second quarter that ended Dec. 31.
Overall for that period, Procter generated about $19.8 billion
in sales, up 8% year over year, and $3.9 billion in profit.
Write to Micah Maidenberg at email@example.com
(END) Dow Jones Newswires
April 13, 2021 16:53 ET (20:53 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.