P&G Declares Quarterly Dividend of $0.48

The Board of Directors of The Procter & Gamble Company PG declared a quarterly dividend of forty-eight point eighteen cents ($0.4818) per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company, payable on or after February 15, 2011 to Common Stock shareholders of record at the close of business on January 21, 2011 and payable on the dividend payment date for the Common Stock to Series A and Series B Preferred Stock shareholders of record at the start of business on that date.