Procter & Gamble Just Declared Its 70th Dividend Increase.
Here’s How Much $10,000 Invested Pays Annually
Procter & Gamble (NYSE: PG) isn’t just a great dividend stock. It’s one of only six stocks that have raised its dividends consecutively for the past 70 years. That’s an elite status that’s a tier above the classic Dividend King stocks, a class of stocks that have raised their dividends for at least 50 years, and it implies rock-solid stability.
It has managed to keep increasing the dividend under all kinds of conditions, including inflation, pandemics, and wars, without skipping a beat. Procter & Gamble’s dividend is as reliable as they come. But how much money can you really get annually from your investment?