Is Procter and Gamble a dividend stock?
Consumer staples powerhouse Procter & Gamble (NYSE:PG) is one such company with an impressive history of raising dividends for the past 67 years. Furthermore, PG offers a dividend yield of 2.47%, surpassing the sector average of 2.13%.
Yes, PG's past year earnings per share was $5.97, and their annual dividend per share is $3.76. PG's dividend payout ratio is 58.66% ($3.76/$5.97) which is sustainable.
Hold for as long as you can
Procter & Gamble, ExxonMobil, and Federal Realty are all the types of stocks you cling to for life once you've added them to your portfolio. Right now, P&G and ExxonMobil seem at least reasonably priced if you don't mind paying full rate for a great company.
CINCINNATI--(BUSINESS WIRE)-- The Board of Directors of The Procter & Gamble Company (NYSE:PG) declared a quarterly dividend of $0.9407 per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company, payable on or after February 15, 2024 to Common Stock ...
Dividend payments are not guaranteed. The amount of a dividend payment, if any, can vary over time.
Rock-solid dividend stocks
Kinder Morgan, Equinix, and Lockheed Martin pay safe dividends and earn contractually secured revenue, enabling them to produce predictable cash flow. On top of that, they have very strong balance sheets. Those features make them some of the most bankable dividends for 2024 and beyond.
| Company | Dividend Yield |
|---|---|
| Big 5 Sporting Goods Corp (BGFV) | 17.21% |
| Arbor Realty Trust Inc. (ABR) | 14.07% |
| Dynex Capital, Inc. (DX) | 13.20% |
| Chicago Atlantic Real Estate Finance Inc (REFI) | 13.19% |
| Stock | Implied upside from Dec. 29 Close | Forward dividend yield |
|---|---|---|
| Home Depot Inc. (HD) | 1.0% | 2.4% |
| Procter & Gamble Co. (PG) | 18.7% | 2.6% |
| AbbVie Inc. (ABBV) | 27.1% | 4.4% |
| Coca-Cola Co. (KO) | 10.3% | 3.1% |
3M Co (Symbol: MMM) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 6.3% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.
Warren Buffett's Berkshire Hathaway has liquidated its last remaining shares of Procter & Gamble Co. after holding stock in the Cincinnati-based maker of Tide, Charmin and Pampers for nearly two decades.
Will P&G stock split again?
Don't expect another split soon
A picture of P&G's most popular products. Image source: P&G. The climate isn't bullish for splits in general, either.
Dividend payment history: PG has a long history of paying dividends and has consistently increased its dividend payout for 52 consecutive years.
According to our Procter & Gamble stock prediction for 2025, PG stock will be priced at $ 169.31 in 2025. This forecast is based on the stock's average growth over the past 10 years.
According to Buffett, investors should strive to invest in companies with a strong dividend history rather than investing in the overall stock market. Likewise, he constantly advocates for value stocks priced lower than their intrinsic value.
The Risks to Dividends
In other words, dividends are not guaranteed and are subject to macroeconomic as well as company-specific risks. Another potential downside to investing in dividend-paying stocks is that companies that pay dividends are not usually high-growth leaders.
As part of a diversified portfolio, dividend stocks have their place. They offer relative stability, may pay increasing amounts over time and may provide steady income. But relying too heavily on dividend stocks as a primary investment approach could put you at risk and reduce your long-term investment gains.
NextEra Energy and Johnson & Johnson have stood the test of time. They have increased their dividend payments every year for decades. That should continue in the future, given their strong financial profiles and the growth they still have ahead.
| Stock | Dividend yield |
|---|---|
| United Microelectronics Corp. (UMC) | 7.4% |
| Washington Trust Bancorp Inc. (WASH) | 7.7% |
| Exxon Mobil Corp. (XOM) | 3.9% |
| National Storage Affiliates Trust (NSA) | 6% |
| Stock (ticker) | Dividend Yield |
|---|---|
| McDonald's Corporation (MCD) | 2.3% |
| Automatic Data Processing, Inc. (ADP) | 2.2% |
| Microchip Technology Incorporated (MCHP) | 2.0% |
| Marsh & McLennan Companies, Inc. (MMC) | 1.5% |
The Coca-Cola Company's ( KO ) dividend yield is 3.06%, which means that for every $100 invested in the company's stock, investors would receive $3.06 in dividends per year. The Coca-Cola Company's payout ratio is 72.26% which means that 72.26% of the company's earnings are paid out as dividends.
How many dividend stocks should I own?
Whether you want to live off dividends today or are investing for the long haul, the best way to build a dividend portfolio for steady income is to follow a simple set of risk management principles: Hold between 20 and 60 stocks to reduce company-specific risk. Roughly equal-weight each position.
Whereas ordinary dividends are taxable as ordinary income, qualified dividends that meet certain requirements are taxed at lower capital gain rates. The payer of the dividend is required to correctly identify each type and amount of dividend for you when reporting them on your Form 1099-DIV for tax purposes.
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | Guj. Themis Bio. | 349.45 |
| 2. | Refex Industries | 612.80 |
| 3. | Tanla Platforms | 985.50 |
| 4. | M K Exim India | 85.38 |
- Golub Capital. Golub Capital (NASDAQ: GBDC) ranks as the juiciest dividend stock that Buffett owns. ...
- Ares Capital. There's also another BDC in NEAM's portfolio that generates ultra-high-yield dividends for the Oracle of Omaha. ...
- Crown Castle.
If you buy a stock one day before the ex-dividend, you will get the dividend. If you buy on the ex-dividend date or any day after, you won't get the dividend. Conversely, if you want to sell a stock and still get a dividend that has been declared, you need to hang onto it until the ex-dividend day.
