Procter & Gamble (P&G) has established an impressive dividend history that spans over a century, making it one of the most reliable dividend-paying companies in the consumer goods sector. The company has consistently increased its dividend for more than 60 consecutive years, earning it a place among the elite Dividend Aristocrats.
The dividend growth rate has averaged approximately 5-7% annually over the past decade, with current dividend yield typically ranging between 2.5% to 3.5%. P&G\“s commitment to returning value to shareholders through dividends is supported by its strong cash flow generation and diversified portfolio of leading brands across various product categories.
Recent dividend payments have shown continued growth, with quarterly dividends increasing from $0.790 per share in 2020 to $0.940 per share in 2023. The company\“s dividend payout ratio generally remains between 60-70% of earnings, indicating sustainable dividend policy while maintaining sufficient funds for business reinvestment. |