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sagitarius84 (22.50)

Procter & Gamble (PG) - A Dividend Stock To Hold Forever

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October 01, 2013 – Comments (1) | RELATED TICKERS: PG , KMB , CLX

(via www.dividendgrowthinvestor.com)

The Procter & Gamble Company (PG) provides consumer packaged goods in the United States and internationally. This dividend aristocrat has paid uninterrupted dividends on its common stock since 1891 and increased payments to common shareholders for 57 consecutive years. There are only 15 companies in the world which have managed to boost distributions over half a century. One of the largest shareholders is no other but Warren Buffett's Berkshire Hathaway (BRK.B).

The company's last dividend increase was in April 2013 when the Board of Directors approved a 7% increase to 60.15 cents/share. Procter & Gamble's largest competitors include Kimberly-Clark (KMB), Colgate-Palmolive (CL) and Clorox (CLX).

 

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1 Comments – Post Your Own

#1) On October 01, 2013 at 9:40 AM, sagitarius84 (22.50) wrote:

Procter & Gamble yields 3.10%, and has a safe dividend which has been raised for 57 years in a row. What is your opinion on the stock?

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