#4 - Procter & Gamble (NYSE:PG)
Few stocks say “steady Eddie” as much as Procter & Gamble (NYSE:PG). It’s a defensive stock but over the last five years, investors have been rewarded with a stock price gain of over 63%. Despite that, PG stock is down slightly in 2021 (as of this writing), which makes it a solid buy-on-the-dip candidate. This is particularly true since the company last reported earnings in April and delivered year-over-year revenue growth of 5.2%.
It’s fair to wonder about the effect that rising commodity prices may have on the company’s business. But it’s likely that the company will be able to pass along a modest price increase without having it curtail revenue.
And since this presentation is all about dividend stocks, there are few finer than PG stock. The Dividend King has raised its dividend for 59 consecutive years and has raised its dividend on average by over 13% in the last three years.
About Procter & Gamble
The Procter & Gamble Company engages in the provision of branded consumer packaged goods worldwide. The company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, SK-II, and Native brands.
Read More - Current Price
- $168.06
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 16 Buy Ratings, 7 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $180.45 (7.4% Upside)
