Topic: How To Invest

Dividend Advisor Hotline – Friday, April 16, 2021

Article Excerpt

PROCTER & GAMBLE CO., $137.25, New York symbol PG, is a buy. The stock lets investors tap one of the world’s largest makers of household and personal-care goods. Major brands include Tide (laundry detergent), Pampers (diapers), Gillette (razors), Crest (toothpaste) and Vicks (cold remedies). Starting with the May 2021 payment, the company will raise its quarterly dividend by 10.0%, to $0.8698 a share from $0.7907. The new annual rate of $3.48 yields 2.5%. Procter has paid dividends for 131 years and increased its payout annually for the past 65. Including this latest increase, Procter’s dividend payment has now grown an average of 5.4% annually over the last 5 years. Its TSI Dividend Sustainability Rating is Highest. Procter & Gamble recent coverage: February 2021 issue November 2020 issue NORTH WEST COMPANY, $35.65, Toronto symbol NWC, is a buy. The retailer sells food, and everyday products and services through 244 stores. Those locations are mainly in northern communities across Canada and Alaska. Through your shares, you also…

You are trying to access subscriber-only content.

To read this article, you may subscribe or sign in.
If you are already a subscriber, log in here.

If you wish to become a subscriber, click here. Or you may enjoy access to all our publications when you become a Member of Pat McKeough's Inner Circle Pro.