Dividend Aristocrats: Procter & Gamble
Procter & Gamble is constantly increasing its dividends for the last 66 years, which is an astonishing record even among famous U.S. corporations that are operating across the globe. The company has a 200 year track record. Investments in such sustainable reputable companies like Procter & Gamble are looking logical in a turmoil periods.
PG share prices declined by 13% from the beginning of 2022 compared to 16% drop of S&P 500 broad market index. Nobody doubt the company’s shares will recover, as prices dropped only in a connection of the market sentiment, but a not financials of the company itself. Despite stronger U.S. Dollar and rising energy prices net sales of PG rose by 5% to $80.2 billion in 2022. The company spent $10 billion on the buyback and $8.8 billion ion dividends in 2021.
Management of the company provides an optimistic forward guidance for the 2023 with 3-4% growth of sales and EPS up by 4%. Buyback program would be continued with $ 6-8 billion reserved for it while dividend payouts would be raised to $9 billion. Such guidance together with a discount share prices by 14% create excellent buy opportunities for investors.
Disclaimer:
The comments, insights, and reviews posted in this section are solely the opinions and perspectives of authors and do not represent the views or endorsements of RHC Investments or its administrators, except if explicitly indicated. RHC Investments provides a platform for users to share their thoughts on financial market news, investing strategies, and related topics. However, we do not guarantee the accuracy, completeness, or reliability of any user-generated content.
Investment Risks and Advice:
Please be aware that all investment decisions involve risks, and the information shared on metadoro.com should not be considered as financial advice. Always conduct thorough research, seek professional advice, and exercise caution when making investment decisions.
Moderation and Monitoring:
While we strive to maintain a respectful and informative environment, we cannot endorse or verify the accuracy of all user-generated content. We reserve the right to moderate, edit, or remove any comments or posts that violate our community guidelines, infringe on intellectual property rights, or contain harmful content.
Content Ownership:
By submitting content to metadoro.com, users grant RHC Investments a non-exclusive, royalty-free license to use, display, and distribute the content. Users are responsible for ensuring they have the necessary rights to share the content they post.
Community Guidelines:
To maintain a positive and respectful community, users are expected to adhere to the community guidelines of Metadoro. Any content that is misleading, offensive, or violates applicable laws and regulations will be subject to moderation or removal.
Changes to Disclaimer:
We reserve the right to update, modify, or amend this disclaimer at any time. Users are encouraged to review this disclaimer periodically to stay informed about any changes.