Procter & Gamble Company (The) (NYSE:PG – Get Free Report) declared a quarterly dividend on Tuesday, October 13th. Shareholders of record on Friday, October 23rd will be given a dividend of $1.0885 per share on Monday, November 16th. This represents a $4.35 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, October 23rd.
Procter & Gamble has raised its dividend by an average of 0.1% annually over the last three years and has raised its dividend annually for the last 70 consecutive years. Procter & Gamble has a dividend payout ratio of 62.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Procter & Gamble to earn $7.41 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 58.7%.
Procter & Gamble Stock Down 0.9%
PG stock opened at $157.96 on Wednesday. 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 0.47, a current ratio of 0.68 and a debt-to-equity ratio of 0.43. The company has a market cap of $366.88 billion, a price-to-earnings ratio of 23.91, a PEG ratio of 3.92 and a beta of 0.39. The company has a 50 day moving average of $147.39 and a two-hundred day moving average of $146.73.
Procter & Gamble (NYSE:PG – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $1.43 EPS for the quarter, beating the consensus estimate of $1.41 by $0.02. Procter & Gamble had a net margin of 18.44% and a return on equity of 31.36%. The business had revenue of $21.20 billion for the quarter, compared to analysts’ expectations of $21.38 billion. During the same period in the previous year, the company posted $1.48 EPS. Procter & Gamble’s revenue was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. On average, equities analysts anticipate that Procter & Gamble will post 6.98 earnings per share for the current fiscal year.
About Procter & Gamble
Procter & Gamble Company (NYSE: PG) is a global consumer products company that develops, manufactures and markets branded products used in households and personal care. Its portfolio includes personal health and grooming products, beauty and skin care items, baby, feminine and family care products, fabric and home care products, and oral care products.
The company’s well-known brands include Pampers, Tide, Gillette, Crest, Oral-B, Head & Shoulders, Pantene, Olay, Old Spice, Dawn, Febreze and Mr.
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