3 Dividend Stocks That You Can Keep Throughout Your Life - Procter & Gamble

 

3- Procter & Gamble

Procter & Gamble (NYSE: PG) has an impressive array of brands in the beauty, health, home care and baby care categories and is one of the leading companies in its field globally. The company's products are sold in more than 180 countries under well-known brands such as Gillette, Pantene, Oral-B, Pampers and Tide. From fiscal 2010 to 2020, the dividend paid per share increased from $ 1.80 to $ 3.03.

The latest quarterly dividend rate increased by $ 0.8698, reaching $ 3.4792!

According to the latest fiscal 2021 second quarter report, this increase means an 8 percent increase in net sales compared to last year, and 4 percent in net earnings compared to the previous year. The company's ability to spread sales and profit to the bottom during the pandemic year is quite impressive and is a clear indicator of Procter & Gamble's market leadership.

With the introduction of vaccines on the market, as the economic conditions improved, the company increased its expectations for the fiscal year 2021 and raised its expectation for an increase in sales from 2 percent to 4 percent.

Procter & Gamble, whose earnings are predicted to increase between 8 and 10 percent year on year, seems determined to maintain its excellent track record of dividend increases. 3 Dividend Stocks That You Can Keep Throughout Your Life - Procter & Gamble Source: https://www.fool.com/ You may also be interested in:

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