Consumer products giant Procter and Gamble Company (NYSE:PG) announced that its board of directors has approved a 7% hike to its regular quarterly dividend. This is the 56th consecutive year for which the company hiked its quarterly dividend.
P&G will now pay 56.2 cents per share of dividend to its shareholders compared to 52.5 cents paid earlier. The increased dividend will be paid on May 15, 2012, to shareholders of record as of April 27, 2012 for common stock and the Series A and Series B … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards