Procter & Gamble’s Legacy of Consistent Dividends: Over Six Decades of Reliability

Core Insights - Procter & Gamble (NYSE:PG) is recognized as one of the best consistent dividend stocks to buy now, appealing primarily to income-focused investors rather than growth-oriented ones [1][2]. Group 1: Company Overview - Founded in 1837, Procter & Gamble has evolved into a mature business focused on everyday consumer products, with revenue growth driven by new brand additions, price adjustments, and population growth [3]. - The company is well-known for its household staples, including Tide detergent, Bounty paper towels, and Gillette razors, which contribute to its brand recognition and market presence [2][3]. Group 2: Dividend Performance - Procter & Gamble has a strong track record of dividend payments, having increased its payouts for 69 consecutive years, currently offering a quarterly dividend of $1.0568 per share [4]. - As of September 12, the company boasts a dividend yield of 2.67%, positioning it among the top dividend stocks with consistent payouts [4].