CINCINNATI, April 14, 2009 /PRNewswire-FirstCall/ -- The Procter & Gamble Company announced that its Board of Directors declared an increase in the quarterly dividend from forty cents ($0.40) to forty-four cents ($0.44) per share on its Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the company, payable on or after May 15, 2009 to shareholders of record at the close of business on April 24, 2009. This represents a 10% increase compared to the prior quarterly dividend.
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The company has been paying dividends without interruption since incorporation in 1890. This is the 53rd consecutive fiscal year that P&G has increased dividends.
About Procter & Gamble
Three billion times a day, P&G brands touch the lives of people around the world. The company has one of the strongest portfolios of trusted, quality, leadership brands, including Pampers(R), Tide(R), Ariel(R), Always(R), Whisper(R), Pantene(R), Mach3(R), Bounty(R), Dawn(R), Gain(R), Pringles(R), Charmin(R), Downy(R), Lenor(R), Iams(R), Crest(R), Oral-B(R), Actonel(R), Duracell(R), Olay(R), Head & Shoulders(R), Wella(R), Gillette(R), Braun(R) and Fusion(R). The P&G community includes approximately 138,000 employees working in over 80 countries worldwide. Please visit http://www.pg.com/ for the latest news and in-depth information about P&G and its brands.
The Procter & Gamble Company
CONTACT: Jennifer Chelune, +1-513-983-2570; P&G Investor Relations: Mark
Erceg, +1-513-983-2414
Web Site: http://www.pg.com/