15 Best Dividend Stocks to Buy for Long-Term Passive Income

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

Number of Hedge Fund Holders: 79

The Procter & Gamble Company (NYSE:PG) is an American multinational consumer goods company. One of the company’s key advantages lies in its vast scale and leadership across various product categories and brands, which helps cushion against potential risks. As a global powerhouse in everyday consumer goods, it boasts an extensive portfolio of best-selling brands that cover beauty, grooming, health, home, and fabric care, baby products, and more.

The Procter & Gamble Company (NYSE:PG) reported mixed earnings in fiscal Q3 2025. The company posted an EPS of $1.54, which was modestly below analysts’ estimates by $0.01. Its revenue of $19.78 billion fell by 2.07% from the same period last year and missed analysts’ consensus by $376.3 million. The company attributed these earnings to a challenging and volatile consumer and geopolitical environment. It also stated that it is adjusting its short-term outlook to align with current market conditions, while maintaining confidence in the long-term growth potential of its brands and the markets in which it operates.

During the quarter, The Procter & Gamble Company (NYSE:PG) generated $3.7 billion in operating cash flow and reported net earnings of $3.8 billion. Adjusted free cash flow productivity stood at 75%. The company returned a total of $3.8 billion to shareholders, including $2.4 billion in dividend payments and $1.4 billion through share repurchases. Earlier this month, it announced a dividend increase, marking the 69th consecutive year of dividend growth and the 135th straight year of paying dividends since its founding in 1890. Currently, it offers a quarterly dividend of $1.0568 per share and has a dividend yield of 2.65%, as of April 24.