Procter & Gamble CompanyP&G raised dividend for 70th consecutive year, reported earnings, and announced $3.8B acquisition of Thorne.

Procter & Gamble raised its quarterly dividend to $1.0885 per share in April, marking its 70th consecutive annual increase and making it one of the longest-tenured Dividend Kings. With a 3% yield, a $17,000 investment in P&G would generate about $510 in annual dividend income. The company reported full-year fiscal 2026 net sales growth of just 3%, organic sales growth of 1%, and core EPS growth of 1%, while guiding for fiscal 2027 organic sales growth of 1% to 3% and core EPS growth of flat to 3% with a midpoint of $7 per share. P&G also announced a $3.8 billion acquisition of Thorne, a personalized health and supplements company, to be added to its healthcare segment. The stock trades at 22.2 times earnings and a 20.9 forward P/E ratio, below its 10-year median P/E of 25.3.
Procter & Gamble CompanyP&G raised dividend for 70th consecutive year, reported earnings, and announced $3.8B acquisition of Thorne.
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