Is This Dividend King Nearing the End of the Road With Consumers? 3 Things Investors Should Watch Out For.
P&G(PG) The Motley Fool·2024-03-09 10:10
Procter & Gamble (PG -0.17%) has an incredible dividend track record, with a huge string of 67 consecutive annual dividend increases under its belt. It has deftly navigated difficult operating environments before. And so far, it has done an excellent job in the face of high inflation this time around.But fiscal 2024 second-quarter results hint that the consumer staples icon could be facing a tougher future.Procter & Gamble is executing wellIn fiscal 2023, P&G's organic sales were rock-solid even in the face ...