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Procter & Gamble Has Raised Its Dividend for 70 Straight Years. Only 5 Other Companies Can Say the Same.

The Motley Fool·
Procter & Gamble Has Raised Its Dividend for 70 Straight Years. Only 5 Other Companies Can Say the Same.

Procter & Gamble raised its quarterly dividend by 3% in April, marking its 70th consecutive year of dividend increases and 136 years of continuous dividend payments since 1890. With a current yield of 2.9%, a payout ratio of 63%, and plans to distribute $10 billion in dividends in fiscal 2026, P&G demonstrates the durability of its consumer staples business. The stock trades at 21x earnings, offering a reasonable valuation for income-focused investors seeking dependable dividend growth.

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