P&G declares quarterly dividend - Cincinnati News, FOX19-WXIX TV

P&G declares quarterly dividend

The Board of Directors of The Procter & Gamble Company (NYSE:PG) declared a quarterly dividend of fifty-two point five cents ($0.525) per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company.

The dividends are payable on or after August 15, 2011 to Common Stock shareholders of record at the close of business on July 22, 2011 and payable on the dividend payment date for the Common Stock to Series A and Series B Preferred Stock shareholders of record at the start of business on that date.

P&G has been paying a dividend for 121 consecutive years since its incorporation in 1890 and has increased its dividend for 55 consecutive years at an annual compound average rate of approximately 9.5%.

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