Procter & Gamble Has Raised Its Dividend for 70 Straight Years. Here's How Much $25,000 Invested Pays Annually.
Key PointsAlthough several others have track records that match P&G's, only one stock has a longer streak of annual dividend hikes.
Procter & Gamble, a consumer goods giant, has maintained an impressive 70-year streak of increasing its annual dividend payouts. This feat is only matched by one other company. While reliable dividend growth is key for income investors, the real question is how much money do Procter & Gamble shareholders actually earn? A $25,000 investment in Procter & Gamble - around 172 shares - would generate approximately $750 in annual dividend income, based on the current quarterly payment of $1.0885 per share.
This amount may not be life-changing, but it provides a solid return. Importantly, Procter & Gamble's dividend growth rate of around 4.8% annually outpaces inflation and outperforms most other dividend-paying companies. The company's success is driven by strong, marketable consumer brands like Pampers, Tide, and Bounty, promising a bright future for dividend growth.
However, despite its stellar track record, Procter & Gamble was not included in The Motley Fool's recent list of top 10 stocks for investment.
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