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Stock impact report

Procter & Gamble Stock (NYSE:PG): Dividend Hikes Don't Offset Valuation Concerns [Yahoo! Finance]

Procter & Gamble Company (The) (PG) 
Last procter & gamble company (the) earnings: 4/17 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Renowned for its portfolio of 65 household-name brands, the consumer staples titan upheld its long-standing tradition of growing dividends annually. In fact, P&G's latest dividend hike marked a reacceleration from previous rates. Its Q3 report also included notable developments in earnings growth. Yet, the stock's unjustifiably rich valuation forces me to remain neutral on PG stock. P&G's Accelerating Dividend Hike Is Commendable P&G's most recent dividend hike broke a gloomy trend of underwhelming dividend increases. This April's dividend boost was by 7%, marking a reacceleration compared to the lackluster hikes of 3% and 5% in the two preceding periods. To a certain extent, it was almost essential for the company to boost the pace of dividend growth. Given the persistent heat of inflation, now hovering around 3.5%, merely matching the pace of dividend growth seen last year would essentially erode investors' income and overall purchasing power in real terms. And given that P&G Show less Read more
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