P&G boosts dividend, says earnings to be released ahead of schedule

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 66%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Procter & Gamble Co raised its quarterly dividend by 6per cent on Tuesday and advanced the release of its third-quarter earnings to April 17, ...

Procter & Gamble Co raised its quarterly dividend by 6per cent on Tuesday and advanced the release of its third-quarter earnings to April 17, saying that it aims to provide shareholders information as quickly and transparently as possible.

The logo for Procter & Gamble Co. is displayed on a screen on the floor of the New York Stock Exchange in New York, U.S., June 27, 2018. REUTERS/Brendan McDermidREUTERS: Procter & Gamble Co raised its quarterly dividend by 6per cent on Tuesday and advanced the release of its third-quarter earnings to April 17, saying that it aims to provide shareholders information as quickly and transparently as possible.

P&G, which was previously scheduled to release its results on April 21, also said its decision to release earnings ahead of schedule should not be seen as an indication of positive or negative results.P&G and other consumer staples companies have seen the coronavirus outbreak create a surge in demand for toilet papers and other household products, with lockdowns imposed to curb the disease's spread making many customers hoard essential items.

It declared a quarterly dividend of 7.907 cents per share on its common stock, up from 7.459 cents in the prior quarter. Through Tuesday's close, P&G's shares have fallen just over 3per cent this year, compared with a 16per cent drop in the Dow Jones Industrial Average index in the same period.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 6. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

US: Stocks open lower ahead of key earnings, economic data[NEW YORK] Wall Street stocks retreated in early trading Monday ahead of key earnings reports from banks and other companies that will highlight the implications of shutdowns imposed to counter the coronavirus. Read more at The Business Times.
La source: BusinessTimes - 🏆 15. / 51 Lire la suite »

Dow, S&P 500 end lower ahead of earnings reports, Nasdaq gainsNEW YORK: Wall Street stocks mostly fell on Monday (Apr 13) ahead of major earnings and economic reports that will shed new light on the hit from ...
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »