Procter & Gamble (P&G) reports that its Board of Directors approved a quarterly dividend of $1.0065 per share on Tuesday evening, an increase of 7% on its previous level.

The American consumer staples giant states that this new dividend will be payable from May 15, to shareholders who are registered on April 19.

This is the 68th consecutive year that P&G has increased its dividend, and the 134th year in a row that it has paid a dividend since its incorporation in 1890", emphasizes the owner of the Gillette, Pampers, Ariel and Oral-B brands, among others.

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