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

The Procter & Gamble Company (NYSE:PG) is included among the 13 Best Consistent Dividend Stocks to Buy Now.

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

The Procter & Gamble Company (NYSE:PG) isn’t usually a top pick for growth-focused investors, but it has long been a favorite among those looking for steady income. The company is best recognized for household staples like Tide detergent, Bounty paper towels, and Gillette razors.

Founded in 1837, The Procter & Gamble Company (NYSE:PG) has grown into a mature business centered on everyday consumer products. Its revenue growth typically comes from adding new brands, adjusting prices upward, or benefiting from population growth. However, shoppers can easily find alternatives— often at lower prices— so the company’s main edge lies in the power and recognition of its brands. These dynamics naturally put a cap on how quickly it can expand.

The Procter & Gamble Company (NYSE:PG) is a solid dividend payer, having raised its payouts for 69 consecutive years and currently offers a quarterly dividend of $1.0568 per share. With a dividend yield of 2.67%, as of September 12, PG is among the best dividend stocks with consistent payouts.

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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