#4 - Procter & Gamble (NYSE:PG)
Quality dividend stocks should prove the axiom that time in the market is more important than timing the market. And few companies embody that better than Procter & Gamble Co. (NYSE: PG). Over the past five years, PG has delivered a total return of around 60%—a solid performance that reflects the steady, long-term value it brings to shareholders.
That growth is slower than in the prior five years, but that’s okay. With dividend stocks, capital preservation is the key. And with a dividend that has increased for 69 consecutive years and a current yield of 2.45%, PG stock is built for the long haul.
Procter & Gamble is the parent company of iconic brands like Tide, Pampers, Gilette, Head & Shoulders, Crest, and Olay. At any given moment, you or someone you know has one or more of these products in their home. And despite growing competition including low-priced house brands, P&G maintains the pricing power that keeps its products top of mind for its loyal customer base.
About Procter & Gamble
Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.
More about Procter & Gamble- Current Price
- $160.59
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 17 Buy Ratings, 6 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $179.80 (12.0% Upside)
