Procter & Gamble dividend history

Procter & Gamble's dividend was $4.26 a share in fiscal 2026, up 4.5% on the year before. That was 63.8% of net income. It has raised its dividend per share every year since fiscal 2018.

Dividends, buybacks and capital spending

FY2027 Q1 TTM

Buybacks (TTM): $5B
Dividends (TTM): $10.3B
Returned to shareholders: 100%; of free cash flow
Buybacks, last 3 fiscal years: $16.5B
Diluted share count: −1.3%; year over year
Total shareholder yield: 3.9%; dividends 2.6% + buybacks 1.3% of market value
Dividend payout ratio: 64%; of net income paid out
Sales & admin spending: 27.2%; of revenue
Days sales outstanding: 27 days; receivables vs revenue

Dividends by fiscal year

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Procter & Gamble: dividends by fiscal year, annual
Fiscal year	2010Jun 2010	2011Jun 2011	2012Jun 2012	2013Jun 2013	2014Jun 2014	2015Jun 2015	2016Jun 2016	2017Jun 2017	2018Jun 2018	2019Jun 2019	2020Jun 2020	2021Jun 2021	2022Jun 2022	2023Jun 2023	2024Jun 2024	2025Jun 2025	2026Jun 2026	LTMSept 2026
Dividend per share	$1.80	$1.97	$2.14	$2.29	$2.45	$2.59	$2.66	$3.00	$2.79	$2.90	$3.03	$3.24	$3.52	$3.68	$3.83	$4.08	$4.26	—
Dividend per share growth	—	+9.4%	+8.6%	+7.0%	+7.0%	+5.7%	+2.7%	+12.8%	−7.1%	+4.0%	+4.5%	+7.0%	+8.7%	+4.5%	+4.0%	+6.5%	+4.5%	—
Dividends paid	5.5	5.8	6.1	6.5	6.9	7.3	7.4	7.2	7.3	7.5	7.8	8.3	8.8	9.0	9.3	9.9	10.2	10.3
Share buybacks	6.0	7.0	4.0	6.0	6.0	4.6	4.0	5.2	7.0	5.0	7.4	11.0	10.0	7.4	5.0	6.5	5.0	5.0
Dividends ÷ net income	42.9%	48.9%	57.1%	57.6%	59.4%	103.6%	70.8%	47.2%	75.0%	192.4%	59.8%	57.8%	59.5%	61.4%	62.6%	61.8%	63.8%	64.2%
Dividends ÷ free cash flow	41.8%	57.5%	65.9%	60.0%	68.4%	67.0%	61.3%	77.2%	65.6%	63.0%	54.4%	53.0%	64.6%	65.3%	56.4%	70.3%	67.6%	67.1%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

Recent dividend announcements

October 13, 2026 P&G sets quarterly dividend at $1.0885 per share Source
July 14, 2026 P&G Declares Quarterly Dividend, July 2026 Source

Compare with peers

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Figures from Procter & Gamble's SEC filings (10-K and 10-Q), retrieved October 23, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Procter & Gamble.