Procter & Gamble (PG): A Dividend King with Over Six Decades of Increases

The Procter & Gamble Company (NYSE:PG) is included among the 12 Best Dividend Aristocrat Stocks to Invest in Right Now.

Procter & Gamble (PG): A Dividend King with Over Six Decades of Increases

The Procter & Gamble Company (NYSE:PG) has a diverse portfolio of consumer goods that is marketed through Beauty, Grooming, Health Care, and Home Care segments, and it is based on a massive multinational scale. Operating in nearly 180 markets, it enjoys a powerful worldwide distribution network and long-lasting partnerships with leading retailers, including Walmart. The success of the company lies in innovating continuously and retaining brand relevance to be competitive across diverse consumer demands.

In the last few years, The Procter & Gamble Company’s (NYSE:PG) strategy has focused on maintaining product leadership as well as enhancing brand messaging. Established retailer relationships, innovation based on research, and supply chain management are also vital components in the company’s performance.

The Procter & Gamble Company (NYSE:PG) has been catching the eye of investors due to its long and stable dividend track record. The firm has a run of 69 years of steady dividend growth, and it presently pays a quarterly dividend of $1.0568 per share. It supports a dividend yield of 2.78%, as of September 26.

While we acknowledge the potential of PG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PG and that has a 100x upside potential, check out our report about the cheapest AI stock.

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