- 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