15 Best Dividend Stocks To Buy and Hold

5. The Procter & Gamble Company (NYSE:PG)

Number of Hedge Fund Holders: 68

The Procter & Gamble Company (NYSE:PG) is an American multinational consumer goods company. It is popular among income investors because of its dividend growth, which spans over 68 years. The company’s strong cash position has supported its ability to achieve this milestone. In the latest quarter, it reported $4.8 billion in operating cash flow, with a free cash flow productivity rate of 84%. Moreover, the company distributed $2.4 billion in dividends to shareholders. It currently pays a quarterly dividend of $1.0065 per share and has a dividend yield of 2.39%, as of February 4.

The Procter & Gamble Company (NYSE:PG) recently announced its fiscal Q2 2025 earnings, reporting revenue of $21.9 billion, which marked a 2% year-over-year growth and exceeded analysts’ expectations by over $291 million. Its organic sales, which exclude the impact of foreign exchange, divestitures, and acquisitions, grew by 3%. This growth was achieved despite the company halting price increases, highlighting its ability to drive volume growth—considered more valuable than just boosting revenue through higher prices. Organic volume rose by 2%, with prices remaining stable. The baby, feminine, and family care segment saw strong performance, with both organic volume and sales increasing by 4%.

Looking forward, investors were optimistic about The Procter & Gamble Company (NYSE:PG)’s guidance, which anticipated organic sales growth of 3% to 5% and overall revenue growth of 2% to 4%, exceeding the consensus estimate of 1.4% growth. The company also projected core EPS growth of 5% to 7%, with earnings expected to range from $6.91 to $7.05, excluding the impact of foreign exchange fluctuations. This outlook is slightly above analysts’ forecast of $6.93.

The number of hedge funds tracked by Insider Monkey owning stakes in The Procter & Gamble Company (NYSE:PG) grew to 68 in Q3 2024, from 64 in the previous quarter. These stakes are collectively valued at more than $8.8 billion.