Procter & Gamble (PG) Has Raised Its Dividend for 70 Straight Years. Here's Why I'd Buy Before 2027.
That kind of track record reflects a company you can count on for growing income over the years.
Procter & Gamble (PG) has maintained its tradition of raising dividends for an impressive 70 consecutive years, making it an attractive investment option for those seeking reliable income. Since its founding in 1890, the consumer products giant has been paying dividends for 136 consecutive years, showcasing its commitment to returning cash to shareholders.
PG's dividend yield of 2.6% makes it an appealing choice in the current market landscape. The company's consistent record of dividend increases reinforces its dedication to providing steady, reliable income to shareholders, many of whom rely on this cash flow to support their investments.
While investing in P&G is not a guaranteed decision, there are several compelling reasons to consider it. One significant advantage is that the company remains a steady performer even during economic downturns. People continue to purchase essential products like shampoos and diapers, regardless of economic conditions, making PG a dependable choice during market volatility.
According to The Motley Fool's Stock Advisor, P&G is among the 10 best stocks for investors to buy right now. With a total average return of 835% over an extended period, PG's performance significantly outpaces the S&P 500's 208% return. For those looking to build a resilient portfolio, now may be a prime time to invest in Procter & Gamble before 2027.
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