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March 10, 2004
By: TOM BRANNA
Editor
Procter & Gamble shares hit a 52-week high Wednesday, gaining as much as 4.4% after the consumer-products giant said increased sales will push third-fiscal-quarter earnings above Wall Street estimates.Late Tuesday, P&G also announced a boost in its quarterly dividend to 50 cents from 46 cents, and a 2-for-1 stock split. In afternoon trading, shares of the Cincinnati-based company (PG: news, chart, profile) traded $4.09 higher, representing a 4% to $106.58. Trading volume was more than ...
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