Procter & Gamble Raises Its Dividend by 6%
Procter & Gamble (NYSE: PG) is giving its shareholders a raise. The consumer-staples giant said on Tuesday evening that it's increasing its dividend by 6%.
The boost pushed the payout to just over $3 per share on an annual basis. The increase was significant, given the economic uncertainty in key markets around the world. P&G's last two annual raises were at a more modest 4% rate.
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Source Fool.com
