Procter & Gamble's 70-Year Dividend Streak Continues to Pay Off

Procter & Gamble is one of the most reliable dividend stocks around, having raised its payments for an impressive 70 consecutive years. This streak is matched by only one other company.

The company's forward-looking dividend yield currently stands at 3%, based on a quarterly payment of $1.0885 per share. A $25,000 position in the stock -- about 172 shares -- would produce just over $187 in dividend income per quarter, or just under $750 per year.

But Procter & Gamble's dividend growth is not just a guarantee; it's actually increasing at an annualized pace of 4.8%. This rate is significantly higher than inflation and most other Dividend Kings' payment increase rates.