While I like knowing what a company has done in the past, I’m more concerned about what it can do in the future. And since P&G has a proven track record of surviving recessions and depressions, I don’t see any reason this company won’t be around for another 50, or even 150, years, still paying and increasing its dividend. Considering how this company has performed for its shareholders just since 1985, think about the wealth it might create over an even longer period into the future.
The article The Dow’s Dividend Aristocrat: Procter & Gamble originally appeared on Fool.com and is written by Matt Thalman.
Fool contributor Matt Thalman has no position in any stocks mentioned. Check back Monday through Friday as Matt explains what caused the Dow’s winners and losers of the day, and every Saturday for a weekly recap. Follow Matt on Twitter: @mthalman5513. The Motley Fool recommends Chevron, Coca-Cola, and Procter & Gamble.
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