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The Coca-Cola Company (KO), 3M Co (MMM), The Procter & Gamble Company (PG): Do Dividend Investors Need These Three Dow (.DJI) Stocks?

The third company on the list is The Procter & Gamble Company (NYSE:PG), which is currently trading at $76, and has raised dividends for an astonishing 59 years, with a 9.6% DGR. The company has returned 24% over the past twelve months.

Analysts’ five-year annual growth estimate is 7.8%, the company’s PE is 17.3, and its dividend-payout ratio is 51%.

The Procter & Gamble Company (NYSE:PG) actually looks pretty good to me right now, scoring an 18 on my scale. However, the yield at 3.1% is just barely sufficient for my portfolio, and the yield is actually a bit elevated due to a recent sharp price decline after the company reported disappointing Q1 results.

I’ve created a chart to show how each company scores for each factor.

Company Years Yield DGR EGR Payout Total Return PE TOTAL
Coca-Cola 4 1 2 2 2 3 1 15
3M 4 0 0 2 4 3 2 15
P&G 4 2 2 2 2 4 2 18

If I were still looking to add companies to my portfolio, I would seriously be considering The Procter & Gamble Company (NYSE:PG). It’s a solid, reliable company that can be relied upon for consistent dividend increases and, most likely, pretty steady price appreciation.

You probably won’t be disappointed if you add any of these three companies to your dividend portfolio. However, I’ve found ten other companies that I think are better, and they may or may not appeal to you as dividend payers. You can be the judge.

The article Do Dividend Investors Need These 3 Dow Stocks? originally appeared on Fool.com and is written by Karin Hernandez.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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