Procter & Gamble Company (The) (NYSE:PG) Declares $1.09 Quarterly Dividend

Key Points

• Procter & Gamble declared a quarterly dividend of $1.0885 per share, payable on August 17 to shareholders of record on July 24, with a yield of about 3.0%.
• The company has raised its dividend for 70 consecutive years, and its payout ratio of 62.1% suggests the dividend remains covered by earnings.
• PG recently beat earnings expectations with $1.59 EPS versus the expected $1.56, though revenue came in slightly below estimates; the company also reaffirmed FY2026 EPS guidance of $6.83 to $7.09.

Procter & Gamble Company (The) (NYSE:PG - Get Free Report) declared a quarterly dividend on Wednesday, July 15th. Shareholders of record on Friday, July 24th will be paid a dividend of 1.0885 per share on Monday, August 17th. This represents a c) dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, July 24th.

Procter & Gamble has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 70 years. Procter & Gamble has a dividend payout ratio of 62.1% meaning its dividend is sufficiently covered by earnings. Research analysts expect Procter & Gamble to earn $7.05 per share next year, which means the company should continue to be able to cover its $4.35 annual dividend with an expected future payout ratio of 61.7%.

Procter & Gamble Stock Down 1.5%

Shares of NYSE PG opened at $146.16 on Wednesday. The stock has a market capitalization of $340.34 billion, a PE ratio of 21.37, a P/E/G ratio of 7.22 and a beta of 0.39. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. The firm has a fifty day moving average of $146.63 and a 200-day moving average of $148.45. Procter & Gamble has a 52-week low of $137.62 and a 52-week high of $167.25.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its earnings results on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, beating analysts' consensus estimates of $1.56 by $0.03. The firm had revenue of $21.23 billion for the quarter, compared to analysts' expectations of $21.52 billion. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The firm's revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, analysts anticipate that Procter & Gamble will post 6.89 EPS for the current year.

Hedge Funds Weigh In On Procter & Gamble

Institutional investors have recently made changes to their positions in the business. Brighton Jones LLC grew its stake in Procter & Gamble by 51.5% in the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company's stock worth $6,717,000 after purchasing an additional 13,617 shares in the last quarter. Taylor Financial Group Inc. increased its holdings in shares of Procter & Gamble by 10.6% in the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company's stock valued at $493,000 after acquiring an additional 277 shares during the last quarter. Sivia Capital Partners LLC raised its position in shares of Procter & Gamble by 19.8% during the 2nd quarter. Sivia Capital Partners LLC now owns 6,144 shares of the company's stock valued at $979,000 after acquiring an additional 1,016 shares in the last quarter. Auxano Advisors LLC lifted its stake in Procter & Gamble by 10.8% during the second quarter. Auxano Advisors LLC now owns 7,315 shares of the company's stock worth $1,165,000 after purchasing an additional 714 shares during the last quarter. Finally, Schnieders Capital Management LLC. boosted its holdings in Procter & Gamble by 2.8% in the second quarter. Schnieders Capital Management LLC. now owns 30,182 shares of the company's stock worth $4,809,000 after purchasing an additional 809 shares during the period. 65.77% of the stock is owned by institutional investors and hedge funds.

About Procter & Gamble

Procter & Gamble NYSE: PG is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world's largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G's product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.