The Procter & Gamble Company (PG) recently announced that it has increased its quarterly dividend by 3%. The announcement was made by the company's Board of Directors, who declared a dividend of $0.9407 per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company. The dividend will be payable on or after May 15, 2023, to Common Stock shareholders of record at the close of business on April 21, 2023, and to Series A and Series B ESOP Convertible Class A Preferred Stock shareholders of record at the start of business on April 21, 2023.

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67th Consecutive Year of Dividend Increase

With this announcement, P&G has increased its dividend for the 67th consecutive year. It also marks the 133rd consecutive year that P&G has paid a dividend since its incorporation in 1890. This achievement demonstrates the company's commitment to returning cash to shareholders, many of whom rely on the steady, reliable income earned with their investment in P&G.

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Members of LevelFields received the alert of this event on April 11, 4:40 PM ET

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