P&G raises quarterly dividend by 10%

Reuters

Published Apr 13, 2021 04:44PM ET

(Reuters) - Procter & Gamble (NYSE:PG) Co raised its quarterly dividend by 10% on Tuesday to $0.8698 per share, payable after May 17.

The Cincinnati-based conglomerate has benefited from a coronavirus-driven surge in demand for cleaning products, and is expected to report its third-quarter results next week.