Procter & Gamble: Strong Cash Flow Protects the Dividend

Business is War It is often said that business is war. And to the extent that that is true, Procter & Gamble Co. (PG) is well positioned to conduct business at a very high level. The firm has a long legacy of hiring ex-military types. The firm seems to like the discipline and strength of character that the military instills in its people. However, don't let this confuse you into believing that Procter & Gamble is a staid or rigidly run enterprise. In our opinion, nothing could be farther from the truth. We see Procter & Gamble as one of the most innovative and inspirational companies in the global consumer products industry.... Read more

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