Procter & Gamble's Unwavering Commitment to Shareholders

Procter & Gamble is a stalwart dividend payer that has rewarded shareholders with consistent payouts for over a century. With an annual dividend of $4.34 per share, you'd need to own 3,456 shares to collect $15,000 in yearly dividends.

The company's commitment to its shareholders is impressive, having increased its dividend payout for 70 straight years and paid a dividend for 136 consecutive years. This makes it a Dividend King, a distinction reserved for businesses that have maintained a streak of at least 50 years of annual increases.

However, Procter & Gamble's stock price has not kept pace with the S&P 500 index over the past decade, rising just 67%. If you're seeking strong capital appreciation, this may not be the best investment choice. But if a steady and predictable income stream is your goal, Procter & Gamble is hard to beat.