Procter & Gamble (PG) is a multinational consumer goods corporation and a top 25 dividend giant with a dividend yield of 2.30%. The company has a long history of paying dividends, with a dividend payment streak of over 60 years. PG’s dividend payout ratio is around 55%, indicating that the company has a strong commitment to returning value to shareholders.
PG’s dividend yield is higher than the industry average and the S&P 500 index. The company’s dividend growth rate has been steady over the past decade, with a 5-year annualized dividend growth rate of 6.5%. PG’s dividend payments are well-covered by its earnings, providing a high degree of dividend safety.
PG’s diversified portfolio of brands includes some of the most recognizable consumer goods brands in the world, such as Tide, Pampers, Gillette, and Oral-B. The company’s operations are spread across the globe, with a presence in over 180 countries. PG’s strong brand portfolio, global reach, and commitment to dividend payments make it an attractive investment opportunity for income-seeking investors.