Procter and Gamble announces financial data

Procter & Gamble (P&G) has announced its latest financial data.

The company’s board of directors declared a quarterly dividend of $0.40 (0.27 pounds) per share of the organisation’s common stock.

Its figure also includes the organisation’s Series A and Series B ESOP Convertible Class A Preferred Stock, both of which will be payable on or after February 17th to shareholders.

P&G noted it has been paying such dividends without any interruption since it was established in 1890.

In November, the company announced the proration factor for shares tendered in the Folgers exchange offer.

The amount – 7.89144 per cent – related to the exchange offer following the separation of its coffee subsidiary, Folgers.

As a result of the transaction, over 484.1 million P&G common shares were validly tendered.

Currently employing over 138,000 people in over 80 countries, the company’s product portfolio includes Bounty, Charmin, Iams, Clairol, Pantene and Gillette.