Procter & Gamble Declares Fresh Dividend; Yield Is 2.5%

One of the most popular dividend stocks on the market has announced its latest shareholder payout. The board of directors of sturdy consumer goods company Procter & Gamble (NYSE: PG) has declared that its upcoming quarterly common stock dividend will be slightly over $0.79 per share.

This will be paid on or following Aug. 17, to investors of record as of July 24. At the current share price, its yield would be 2.5%. The amount matches the previous disbursement, which was made in mid-May.

Image source: Procter & Gamble.

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Source Fool.com