Procter & Gamble (PG) Dividend History: Stock Dividend Date & History for Procter & Gamble Company

Procter & Gamble - PG - Market Position

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Stock Ticker Home Page Asset Class Sector Industry Investment Strategy Dividend Frequency Geographic Focus
PG Procter & Gamble Co. Stock / Equity Consumer Staples Household & Personal Products Value Quarterly Global

Procter & Gamble (PG) is a household name you know and trust. They've been making everyday essentials like Tide, Gillette, and Pampers for generations, and they have a track record to match. They've increased their dividend payout every single year for the past 67 years, like a reliable clock always ticking on time. This makes them a real "blue chip" stock, a steady and dependable choice for income-focused investors.

Procter & Gamble - PG - Current Market Data

Procter & Gamble - PG - Business Overview

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Detail

Overview:

Procter & Gamble (PG), ticker symbol PG, is a consumer goods giant in the Consumer Staples sector headquartered in Cincinnati, Ohio. They reign supreme in household essentials like laundry detergent (Tide), personal care (Gillette, Olay), and baby care (Pampers), serving a global target market and holding a sizable market share within its industry. Their mission statement reads "to improve lives, in small but meaningful ways," reflecting their focus on everyday products that make a difference.

Business Model:

PG generates revenue primarily through product sales across its diverse portfolio. Their value chain involves research & development, manufacturing, marketing & advertising, and distribution through partnerships with retailers and distributors. Significant revenue streams come from their Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care segments.

Industry Competition:

PG faces competition from other consumer goods giants like Unilever, Colgate-Palmolive, and Kimberly-Clark. Recent industry trends include rising costs of raw materials, increased online shopping, and the emergence of niche brands. These trends demand adaptability and constant innovation from PG to maintain its competitive edge.

Competitive Advantages:

  • Brand Power: PG boasts iconic household brands with immense consumer loyalty and market recognition.
  • Global Reach: PG operates in over 180 countries, giving them access to diverse markets and growth opportunities.
  • Innovation Engine: PG invests heavily in research & development, constantly refining existing products and creating new offerings.
  • Financial Strength: PG's robust balance sheet and strong cash flow enable them to navigate economic challenges and invest in future growth.

Management Team:

  • David Taylor, Chairman & CEO: Experienced leader with a proven track record of driving growth and shareholder value.
  • Jon Moeller, Vice Chairman & Chief Operating Officer: Extensive expertise in global operations and supply chain management.
  • Shailesh Prakash, Chief Financial Officer: Financial strategist with a focus on maximizing profitability and cash flow.

Financial Performance:

PG demonstrates consistent financial performance with steady revenue growth, increasing profitability, and a solid dividend-paying history. Recent key metrics include:

  • Revenue: $85.73 billion in 2023 (fiscal year ending June 30th).
  • Net Income: $14.57 billion in 2023.
  • Earnings per Share (EPS): $6.15 in 2023.
  • Dividend Yield: 2.59% (annualized).

Investment Thesis:

Investors might consider PG for:

  • Reliable Dividends: PG boasts a 67-year streak of uninterrupted dividend increases, making it a stable income source.
  • Defensive Consumer Staples: PG's focus on everyday essentials offers consistent cash flow even during economic downturns.
  • Global Footprint: PG's global presence provides diversification and growth potential in various markets.

However, risks to consider include:

  • Limited Growth Potential: PG's focus on mature markets and established brands might not appeal to investors seeking high growth.
  • Vulnerability to Inflation: Rising costs can impact profitability and potentially limit dividend growth.
  • Evolving Consumer Preferences: Changing consumer trends and the rise of niche brands require constant adaptation to maintain market share.

Conclusion:

PG remains a strong contender for income-focused investors seeking stability, a proven dividend track record, and diversification across essential consumer products. Its strong financial foundation, experienced management, and globally recognized brands offer a solid foundation for continued success. However, investors should consider the limited growth potential and potential market shifts before making a decision.

PG Dividend Analysis

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Section Details

PG Dividend Data

Procter & Gamble Co. (PG) has an annual dividend of $3.76. The dividend is paid every three months. The last ex-dividend date was on Jan 18, 2024.

PG Dividend Yield

The forward yield of PG is 2.37%. This means that for every $100 invested in the company's stock, investors would receive $2.37 in dividends per year.

PG Dividend History

Procter & Gamble has a history of paying dividends every quarter. The most recent dividend payment was on Feb 15, 2024.

PG Dividend Payout & Dividend Payout Ratio

The payout ratio of PG is 62.98%. This means that 62.98% of the company's earnings are paid out as dividends.

PG Dividend Stability & Growth

Procter & Gamble has a strong Dividend Sustainability Score, indicating its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score signals potential dividend growth. Over the past three years, the company's dividend has grown by an average of 6.21% per year.

PG Chart

PG Comparative Analysis

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Procter & Gamble (PG) Unilever (UL) Johnson & Johnson (JNJ)

Industry Focus

Daily-use products where performance drives brand choice Consumer goods Healthcare

Current Yield

2.35% 3.57% 2.94%

Price-to-Earnings Ratio (P/E)

26.86 17.56 11.75

Investment Strategy

Superiority across product, package, brand communication, retail execution, and value sustainable growth Achieving near-term financial targets, maintaining high quality standards

Consumer Stocks

News

Financials

Technical Analysis

Additional Considerations

While Procter & Gamble Co (P&G) has a history of providing dividends to its shareholders, with a current dividend as of the latest dividend date, investors should be aware of the risks associated with dividend stocks. The dividend payout ratio, which indicates the proportion of earnings paid out as dividends, is a critical metric for assessing P&G's ability to maintain or increase its dividends. Although P&G's dividend has shown stability and growth over a number of consecutive years, the treatment of dividends can change based on the company's earnings and growth rate. For instance, if P&G decides to reinvest more of its earnings to capitalize on growth opportunities, the next dividend payment might be lower than expected.

Investors should also consider the stock dividend date and portfolio dividend date when planning for dividend income, as these dates determine when dividends are paid out to shareholders. It's important to note that the information provided here is solely for informational purposes and should not be construed as financial advice. The historical dividend data for P&G, available on Nasdaq, shows a consistent increase in dividends per share, reflecting the company's past performance. However, past performance is not indicative of future results, and the consumer goods sector, where P&G is often categorized, can be volatile. Therefore, it's useful for investors to frequently consult the FAQ section of their investment platforms and stay informed about the latest earnings per share (EPS) and dividend announcements from P&G to ensure their investment decisions align with their financial goals.