Procter & Gamble (PG) stock has lost 16% since it
peaked, six months ago. The stock has dramatically under-performed the S&P
in almost any time frame one can check out. To be sure, it has under-performed
the market index during the last 5 years (2% vs. 79%!), 2 years (-5% vs. 36%) and
the last 12 months (-14% vs. 15%).
And yet, P&G has one of the longest streaks of dividend
growth in the entire stock market. It is a Dividend King, a group of just 25
stocks that have increased their payouts for at least 50 consecutive years. You
can see the full list of all 25 Dividend Kings here.
Click here to download my Dividend Kings Excel Spreadsheet
now. Keep reading this article to learn more.
This article will discuss the company’s fundamentals, and
why the stock may be interesting for dividend growth investors.
Business Overview
Procter & Gamble is a consumer stalwart that is 180
years old and sells its products in more than 180 countries. It generates 55%
of its sales outside North America, with 35% of its sales in emerging regions.
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