PG Cited as Dividend King Pick, 67-Year Increase Streak Highlighted
What happened
The Motley Fool named Procter & Gamble one of three dividend stocks for passive income seekers in an Aug. 10 feature. PG holds Dividend King status, having raised its payout for at least 67 consecutive years. The stock trades at $145.79 and carries a dividend yield in the mid-2% range. The company's consumer staples portfolio spans household, health, and personal care brands across global markets.
The QL Read
With PG's QuantLogix composite sitting at a neutral 44/100 and the stock off 0.25% on a day where market breadth is only mildly positive at 52.5% advancing, the dividend narrative here is doing heavy lifting that the momentum picture is not currently supporting.
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