PG's Moat as Wide as It Gets: 3 Reasons to Buy and Hold Forever

Procter & Gamble (NYSE: PG) has established itself as one of the world's largest consumer staples companies, boasting a 70-year streak of annual dividend increases. This makes it the longest streak among consumer staples makers, with Coca-Cola (NYSE: KO) holding the next-closest streak at 64 years.

The company's impressive history can be attributed to its strong brand portfolio, which includes household names such as Bounty, Tide, Charmin, and Gillette. These brands operate at the high end of the market, supporting strong margins for P&G. Additionally, they are often category leaders, drawing shoppers into stores and making P&G a key partner for retailer customers.

P&G's size also gives it the ability to buy smaller brands as it shifts its portfolio to keep pace with consumer buying habits. The company recently agreed to purchase Thorne, a company that makes products such as creatine, whey, and electrolyte drinks, expanding P&G's reach in the wellness space.

The proof of P&G's capabilities lies in its dividend history. Despite being down nearly 20% from its 2024 high, the stock offers an attractive 2.9% yield. This presents a potential long-term buying opportunity for investors seeking a Dividend King with a wide moat supporting its business.