7 Dividend Aristocrats to Help You Take the Bite Out of the Bear - 1 of 7

#1 - Procter & Gamble (NYSE:PG)

Investing in a bear market starts with looking at consumer staples. And when it comes to this sector, there are fewer better options than Procter & Gamble (NYSE:PG). The company operates in five sectors that include recognizable consumer brands such as Head & Shoulders, Herbal Essences, Old Spice, and Secret. A company like P&G has pricing power that helps it pass along costs associated with inflation. And these are products that consumer will seek out even if the economy falls into a recession.

Procter & Gamble’s dividend yield of 2.53% is slightly above the average of the S&P 500 companies. And it has a modest 3-year dividend growth rate of around 6%. However, its earnings are growing at a faster rate than the dividend making this a sustainable growth rate. The company has been raising its dividend for 66 years and currently pays a dividend that amounts to $3.65 per share on an annual basis.

And in case you’re wondering, if you bought PG stock five years ago, you would have been rewarded with share price growth of 64% apart from the growing dividend.

About Procter & Gamble

The Procter & Gamble Company provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, and SK-II brands. Read More 

Current Price

$157.32

Consensus Rating

Moderate Buy

Ratings Breakdown

12 Buy Ratings, 6 Hold Ratings, 0 Sell Ratings.

Consensus Price Target

$168.53 (7.1% Upside)