Procter & Gamble Global Expansion Supports Dividend Strength

Procter & Gamble (PG) is a leading Dividend Aristocrat. In April, the quarterly dividend was raised 9.5%, the 120th consecutive year that P&G has paid a dividend and the 54th consecutive year that the dividend has been increased at an average annual compound rate of 9.5%. At that rate the dividend will double after 8 yearly increases. P&G has been selling consumer products for 173 years, with ultimate customers using P&G products 4 billion times a day around the world. It has 50 leadership brands, 23 with sales of more than $1 billion each. Brands include: Tide, Charmin, Crest, Iams, Olay, Duracell, Gillette, Pampers, Bounty, Cascade, Oral-B, Pringles, Mr Clean, Nyquil, Head & Shoulders, etc. About 2/3 of sales come from developed countries (largely the US & Europe) and the balance from the rest of the world led by China and India. P&G competes in 38 product categories globally, but is not present in all these categories in all of the markets. It competes in less than 50% of potential country/category combinations in the top 50 markets with a goal to expand in relevant geographic markets.... Read more

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