12 Best Dividend Paying Stocks to Buy Now

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7. The Procter & Gamble Company (NYSE:PG)

Number of Hedge Fund Holders: 88

The Procter & Gamble Company (NYSE:PG) is the powerhouse behind a wide range of household staples, with a portfolio that includes leading brands like Ariel laundry detergent, Pampers diapers, Bounty paper towels, Gillette razors, and several skincare lines.

The Procter & Gamble Company (NYSE:PG) has built strong global retail relationships, making its products available in more than 180 countries, and it employs roughly 109,000 people worldwide.

As part of an ongoing restructuring, The Procter & Gamble Company (NYSE:PG) plans to cut around 7,000 jobs over the next two years. The move has been accelerated by economic pressures tied to tariffs. In response to these same challenges, the company also announced price increases on about a quarter of its US product lineup.

That said, The Procter & Gamble Company (NYSE:PG) has always fulfilled its shareholders’ obligation with its dividend history. The company holds one of the longest dividend growth streaks in the market, spanning 69 years. It offers a quarterly dividend of $1.0568 per share and has a dividend yield of 2.71%, as of September 19.

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