Procter & Gamble Company (The) (PG) to Issue Quarterly Dividend of $1.09 on August 17th

Procter & Gamble Company (The) (NYSE:PG) announced a quarterly dividend on Tuesday, July 14th. Stockholders of record on Friday, July 24th will be given a dividend of 1.0885 per share on Monday, August 17th. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, July 24th.

Procter & Gamble has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 70 consecutive years. Procter & Gamble has a dividend payout ratio of 62.1% meaning its dividend is sufficiently covered by earnings. Analysts expect Procter & Gamble to earn $7.04 per share next year, which means the company should continue to be able to cover its $4.35 annual dividend with an expected future payout ratio of 61.8%.

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock opened at $147.93 on Thursday. Procter & Gamble has a 12 month low of $137.62 and a 12 month high of $167.25. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. The stock has a market cap of $344.46 billion, a PE ratio of 21.63, a price-to-earnings-growth ratio of 7.11 and a beta of 0.39. The business has a fifty day simple moving average of $146.63 and a 200-day simple moving average of $148.48.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.56 by $0.03. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The firm had revenue of $21.23 billion for the quarter, compared to analyst estimates of $21.52 billion. During the same period in the previous year, the firm earned $1.54 earnings per share. Procter & Gamble’s quarterly revenue was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, sell-side analysts anticipate that Procter & Gamble will post 6.88 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. City National Bank of Florida MSD lifted its holdings in Procter & Gamble by 11.7% in the 2nd quarter. City National Bank of Florida MSD now owns 5,267 shares of the company’s stock worth $772,000 after purchasing an additional 551 shares during the last quarter. Lighthouse Financial Services Inc. ADV lifted its stake in shares of Procter & Gamble by 1.3% in the second quarter. Lighthouse Financial Services Inc. ADV now owns 20,233 shares of the company’s stock worth $2,983,000 after buying an additional 252 shares during the last quarter. Bell Bank boosted its holdings in shares of Procter & Gamble by 149.4% during the 2nd quarter. Bell Bank now owns 72,718 shares of the company’s stock worth $10,663,000 after buying an additional 43,565 shares during the period. Birch Financial Group LLC raised its holdings in Procter & Gamble by 7.2% in the 2nd quarter. Birch Financial Group LLC now owns 3,749 shares of the company’s stock worth $550,000 after acquiring an additional 251 shares during the period. Finally, Waddell & Associates LLC lifted its position in Procter & Gamble by 1.8% during the 2nd quarter. Waddell & Associates LLC now owns 17,226 shares of the company’s stock worth $2,526,000 after acquiring an additional 312 shares during the last quarter. 65.77% of the stock is owned by institutional investors.

About Procter & Gamble

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.