Buy Or Sell P&G Stock At $160?

Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty ImagesSOPA Images/LightRocket via Getty Images Procter & Gamble (NYSE:PG) recently raised its quarterly dividend to $1.0568 per share, an increase from $1.0065. Nevertheless, PG’s stock has lagged behind the broader S&P 500 year-to-date, dropping 5% while the index rose by 7%. This decline can be attributed mainly to the company revising its full fiscal year outlook (ending in June) in response to a slowdown in consumer demand. Despite t ...