Meet the Dividend King Stock That Yields More Than Quintuple the Nasdaq-100. Here's Why It's a Buy in October.

Procter & Gamble is highlighted as an attractive dividend stock with a 2.8% yield, more than five times higher than the Nasdaq-100's 0.5%. The company has paid dividends for 136 years and raised them for 70 consecutive years, earning Dividend King status. With $15.1 billion in free cash flow easily covering $10.2 billion in annual dividends, P&G demonstrates strong financial capacity to sustain and grow its dividend payments.