PG Priced Out: Procter & Gamble Demands Hefty Investment for $10,000 Dividend

Procter & Gamble (PG) is a stalwart among dividend-paying stocks. With 71 consecutive years of dividend increases, it's tied for second-longest with four other companies.

The company's annual payout per share is $4.36, which yields nearly 3%. To reach $10,000 in yearly dividends, an investor would need to own 2,293.5 shares at the August 7 closing price of $145.79. This comes out to a significant upfront investment of $334,380.

This amount is equivalent to far above the median home price in several states, making it challenging for some investors to reach this milestone.