Procter & Gamble recently announced a dividend increase that has significant implications for Indian investors. The company declared a quarterly dividend of $0.9407 per share, representing a 7% increase from the previous quarter.
This marks the 68th consecutive year that P&G has increased its dividend, demonstrating the company\“s strong financial performance and commitment to shareholder returns. The dividend is payable on May 15, 2024, to shareholders of record at the close of business on April 19, 2024. 
For Indian investors holding P&G shares through international platforms, this dividend increase provides enhanced returns on their investment. The consistent dividend growth makes P&G an attractive option for income-focused investors in the Indian market seeking stable international exposure.
The company\“s strong brand portfolio, including popular products in India such as Gillette, Oral-B, and Head & Shoulders, continues to drive revenue growth and support the company\“s ability to maintain its dividend aristocrat status. |
