Procter & Gamble Just Declared Its 70th Dividend Increase. Here's How Much $10,000 Invested Pays Annually.
It's in an even more elite tier than the Dividend Kings.
Overview
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.
Image source: Getty Images.
Procter & Gamble's dividend is as reliable as they come. But how much money can you really get annually from your investment?
Details
Source
Originally published at www.fool.com.
Related Articles
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.