Procter & Gamble overcomes recessions with 71 years of consecutive dividend increases
PG Procter & Gamble Co
$165.40 -1.02%
View chart & analysis → - 1Procter & Gamble began increasing its dividends in 1955.
- 2The company has continued to raise dividends through 10 official U.S. recessions since 1955.
- 3Procter & Gamble recorded an average annual dividend growth rate of 4.9% over the past 10 years.
So what's the key point?
Procter & Gamble has been increasing the money it pays to shareholders since 1955. Even during difficult economic times, the company has grown its dividends by an average of 4.9% each year.
Source The Motley Fool +1 · View original ↗
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