Procter & Gamble Company (The) Announces Quarterly Dividend of $1.06 (NYSE:PG)

Procter & Gamble Company (The) (NYSE:PG) announced a quarterly dividend on Tuesday, January 13th. Shareholders of record on Friday, January 23rd will be paid a dividend of 1.0568 per share on Tuesday, February 17th. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, January 23rd.

Procter & Gamble has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 70 years. Procter & Gamble has a payout ratio of 60.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Procter & Gamble to earn $7.34 per share next year, which means the company should continue to be able to cover its $4.22 annual dividend with an expected future payout ratio of 57.5%.

Procter & Gamble Price Performance

Shares of Procter & Gamble stock traded up $2.30 during trading on Wednesday, reaching $146.54. The company’s stock had a trading volume of 3,525,617 shares, compared to its average volume of 10,742,831. Procter & Gamble has a one year low of $137.62 and a one year high of $179.99. The stock has a market capitalization of $342.43 billion, a P/E ratio of 21.38, a price-to-earnings-growth ratio of 4.84 and a beta of 0.39. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46. The stock has a 50-day moving average price of $144.79 and a two-hundred day moving average price of $151.23.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.09. The firm had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.23 billion. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. Procter & Gamble’s revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. As a group, sell-side analysts anticipate that Procter & Gamble will post 6.91 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Barclays decreased their target price on Procter & Gamble from $153.00 to $151.00 and set an “equal weight” rating for the company in a research note on Monday, December 8th. Berenberg Bank increased their target price on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a report on Wednesday, September 17th. Bank of America cut their price target on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a research report on Wednesday, October 8th. Cowen reaffirmed a “buy” rating on shares of Procter & Gamble in a research report on Thursday, January 8th. Finally, Wells Fargo & Company lowered their target price on shares of Procter & Gamble from $170.00 to $158.00 and set an “overweight” rating on the stock in a report on Monday, January 5th. Fifteen research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $169.23.

Procter & Gamble Company Profile

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.