On Tuesday, April 8th the Board of Directors of The Procter & Gamble Company (PG) announced a quarterly dividend increase of from $1.0065 to $1.0568 per share, that’s payable May 15, 2025 to holders of record April 21, 2025.. This represents a 5.00% increase over the last quarterly dividend.
P&G has been paying a dividend for 135 consecutive years since its incorporation in 1890 and has increased its dividend for 69 consecutive years.
At the current price of $157.36 (today's open), this increase will raise PG's dividend yield to 2.69%.
Procter & Gamble is a Dividend Champions with a 69 year streak of dividend increases. Dividend growth rates for 1, 3, 5 and 10 years are 6.0, 5.2, 6.0 and 4.6 (Dividend Champions.xls)
As an owner of 25 shares of Procter & Gamble, the recent dividend increase adds $3.75 to my projected annual net dividend income.
I was expecting an increase of around 5%, so the increase announced was in line with my expectations.
This recent dividend increase marks the third consecutive raise I’ve received from P&G since I acquired my shares in January 2023. Over this period, PG’s quarterly dividend has grown moderately from $0.9133 to $0.10598. per share, reflecting a 15.7% increase.
The moment of writing, PG’s weight of my portfolio is about 0.55% and its share of future annual dividend income is approximately 0.31%.
Following this increase, my yield on cost is 3.02%.
Summary of 2025 Dividend Increases / Cuts
Click here to see my portfolio holdings.
You can follow the development of my dividends here.
Full Disclosure: Long PG
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