Key Points
If you’re searching for an exclusive club of reliable investments, the one statistic that elevates Procter & Gamble (NYSE: PG) into rarified territory this autumn is its 70-year track record of consecutive annual dividend increases. In a market saturated with volatility and hype, and amid an increasingly uncertain economic landscape, long-term consistency deserves serious consideration right now.
This remarkable history of dividend growth places P&G among the legendary Dividend Kings, a designation reserved for companies that have raised their payouts every year for at least 50 years. Beyond its 70-year streak of consecutive increases, P&G has also paid a dividend every single year since 1890.
Robust financials currently support the company’s impressive streak. The stock’s dividend yield hovers near 3%, while fiscal year 2026 results demonstrate the company’s commitment to maintaining a healthy payout ratio while steadily improving earnings per share.
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P&G generated more than $87 billion in revenue during its 2026 fiscal year, representing a 3% improvement over 2025. Earnings per share climbed 2% to $6.62 during the same period. P&G has proven remarkably consistent in its ability to generate cash and comfortably cover its growing dividend.
Moody’s also recently upgraded P&G’s credit outlook to positive, essentially affirming that the company’s free cash flow and earnings growth are sustainable and confirming the strength of its balance sheet.
The stock itself cannot be characterized as inexpensive, even though the price has declined approximately 8% over the past year as of this writing. Both the forward and trailing P/E ratios remain above 20. The consumer staples sector has also lagged behind the broader market this year. However, that should not deter an income-focused investor seeking a reliable, growing payout. P&G, with its seven-decade history of dividend increases, remains a compelling option this month.
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Catie Hogan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.