Here's How Many Shares of Procter & Gamble You'd Need for $15,000 in Yearly Dividends
Although this consumer staples stock has underperformed the market, it should be a top choice for income investors.
Overview
If it's strong capital appreciation that you're after, then Procter & Gamble (NYSE: PG) isn't the best investment candidate. Its shares are up just 67% in the past decade (as of Sept. 3), drastically underperforming the S&P 500 index.
But if you're seeking a blue chip dividend stock, then Procter & Gamble is hard to beat. Its dividend yield of nearly 3% is almost triple the benchmark average.
Details
Here's how many shares of this company you'd need for $15,000 in yearly dividends.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.