Procter & Gamble Dividends and Buybacks
Dividend criteria checks 4/6
Procter & Gamble is a dividend paying company with a current yield of 2.5% that is well covered by earnings. Next payment date is on 15th November, 2024 with an ex-dividend date of 18th October, 2024.
Key information
2.5%
Dividend yield
0.8%
Buyback Yield
| Total Shareholder Yield | 3.3% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | -3.3% |
| Next dividend pay date | 15 Nov 24 |
| Ex dividend date | 18 Oct 24 |
| Dividend per share | US$4.026 |
| Payout ratio | 65% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PG's dividends per share have been stable in the past 10 years.
Growing Dividend: PG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Procter & Gamble Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PG) | 2.5% |
| Market Bottom 25% (CL) | 3.2% |
| Market Top 25% (CL) | 9.1% |
| Industry Average (Household Products) | 2.7% |
| Analyst forecast (PG) (up to 3 years) | 2.7% |
Notable Dividend: PG's dividend (2.5%) isn’t notable compared to the bottom 25% of dividend payers in the CL market (3.21%).
High Dividend: PG's dividend (2.5%) is low compared to the top 25% of dividend payers in the CL market (9.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.5%), PG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.8%), PG's dividend payments are covered by cash flows.