The Procter & Gamble (PG) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $4.29
- Forward yield
- 2.81%
- Payout ratio
- 62.3%
- Growth streak
- 5 years
Procter & Gamble pays a quarterly dividend of $1.09 per share. Its most recent payment had an ex-date of July 24, 2026 and was paid on August 17, 2026. Over the trailing twelve months, it paid $4.29 per share, a yield of about 2.96% at a share price of $144.88.
The record shows a steady annual rhythm. Procter & Gamble has raised its dividend once a year, each time with the payment that goes ex-dividend in April. The rate went from $0.87 to $0.91 in 2022, then to $0.94 in 2023, $1.01 in 2024, $1.06 in 2025 and $1.09 in 2026. Each raise was three to seven cents, or roughly 3% to 7%. The largest was in 2024. Since late 2021, the quarterly rate has grown about 25%, close to 5% a year. Payments by calendar year rose from $3.60 in 2022 to $4.19 in 2025. The company has now increased its dividend for five consecutive years.
If the pattern holds, the next payment would go ex-dividend in mid-to-late October 2026 and be paid around November 15. Past raises have come with the April payment instead.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Jul 14, 2026 | Jul 24, 2026 | Aug 17, 2026 | $1.09 |
| Apr 14, 2026 | Apr 24, 2026 | May 15, 2026 | $1.09 |
| Jan 13, 2026 | Jan 23, 2026 | Feb 17, 2026 | $1.06 |
| Oct 14, 2025 | Oct 24, 2025 | Nov 17, 2025 | $1.06 |
| Jul 8, 2025 | Jul 18, 2025 | Aug 15, 2025 | $1.06 |
| Apr 8, 2025 | Apr 21, 2025 | May 15, 2025 | $1.06 |
| Jan 14, 2025 | Jan 24, 2025 | Feb 18, 2025 | $1.01 |
| Oct 8, 2024 | Oct 18, 2024 | Nov 15, 2024 | $1.01 |
| Jul 9, 2024 | Jul 19, 2024 | Aug 15, 2024 | $1.01 |
| Apr 9, 2024 | Apr 18, 2024 | May 15, 2024 | $1.01 |
| Jan 9, 2024 | Jan 18, 2024 | Feb 15, 2024 | $0.94 |
| Oct 10, 2023 | Oct 19, 2023 | Nov 15, 2023 | $0.94 |
| Jul 11, 2023 | Jul 20, 2023 | Aug 15, 2023 | $0.94 |
| Apr 11, 2023 | Apr 20, 2023 | May 15, 2023 | $0.94 |
| Jan 10, 2023 | Jan 19, 2023 | Feb 15, 2023 | $0.91 |
| Oct 11, 2022 | Oct 20, 2022 | Nov 15, 2022 | $0.91 |
| Jul 12, 2022 | Jul 21, 2022 | Aug 15, 2022 | $0.91 |
| Apr 12, 2022 | Apr 21, 2022 | May 16, 2022 | $0.91 |
| Jan 11, 2022 | Jan 20, 2022 | Feb 15, 2022 | $0.87 |
| Oct 12, 2021 | Oct 21, 2021 | Nov 15, 2021 | $0.87 |
Frequently asked questions
Does The Procter & Gamble (PG) pay a dividend?
Yes. The Procter & Gamble pays a quarterly dividend; the most recent payment was $1.09 per share.
What is PG's dividend yield?
The Procter & Gamble paid $4.29 per share over the trailing twelve months, a yield of 2.81% at the last price of $152.69. Click here to learn more
When is PG's most recent ex-dividend date?
The Procter & Gamble's most recent ex-dividend date is Jul 24, 2026, payable on Aug 17, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has PG been raising its dividend?
Yes — The Procter & Gamble has increased its dividend for 5 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.
