Today we announced that P&G’s Board of Directors declared an increased quarterly dividend of $0.6896 per share, payable on or after May 15, 2017. This represents a 3% increase compared to the prior quarterly dividend.
While P&G has been paying a dividend for 127 consecutive years since its incorporation in 1890, this dividend increase marks the 61st consecutive year that we have increased our dividend, demonstrating our commitment to—and extending our long-term track record of—returning cash to shareholders.
This includes shareholders like Wanda, who's been a P&G shareholder for more than 60 years.
We recently sat down with Wanda and had a delightful conversation with her to hear what owning P&G stock means to her, how she got her first share of P&G stock, and why she has held onto it for all these years.