Monday, April 16, 2007

Procter & Gamble Increases Dividend 12.9%

Today Procter & Gamble (PG) announced it was increasing its quarterly dividend 12.9%. The quarterly dividend increases to 35 cents per share versus the prior year's quarterly dividend of 31 cents.
  • PG's 12.9% dividend increase exceeds the 5-year historical growth rate of 11%.
  • The projected dividend payout ratio, based on forward four quarters earnings, equals 42%. This payout rate is in line with PG's historical dividend payout ratio.
  • PG has an S&P Earnings and Dividend Quality Ranking of A.
(click on table/graph for larger image)
Procter & Gamble dividend analysis table
Procter & Gamble stock chart April 2007

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