Procter & Gamble hikes dividend, pushes up earnings day

Apr. 14, 2020 4:34 PM ETThe Procter & Gamble Company (PG) StockBy: Clark Schultz, SA News Editor32 Comments
  • Procter & Gamble (NYSE:PG) trades higher after boosting its quarterly dividend by 6% to $0.7907 per share. Dividend raises have become rarer in the consumer sector amid the pandemic.
  • The company also announced that it is advancing the date for its third quarter earnings release to  April 17 from April 21. While P&G says the objective of advancing the release is simply to provide shareholders information as quickly and transparently as possible, it doesn't feel like a bad news revelation.
  • Shares of P&G are up 1.44% to add to today's 4.32% gain.
  • Source: Press Release

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