19. The Procter & Gamble Company (NYSE:PG)
Number of Billionaire Investors: 14
Dividend Yield as of March 3: 2.29%
The Procter & Gamble Company (NYSE:PG) is an American consumer goods company that specializes in a broad range of products across various categories, including beauty, grooming, oral care, personal care, fabric and home care, baby and feminine products, and family care.
The Procter & Gamble Company (NYSE:PG) announced its fiscal Q2 2025 earnings, reporting $21.9 billion in revenue, a 2% year-over-year increase that exceeded analysts’ expectations by more than $291 million. Organic sales, which adjust for currency impacts, divestitures, and acquisitions, grew by 3%. Although the company paused price increases, it achieved volume growth, a key factor for sustainable long-term revenue. Organic volume rose by 2%, while pricing remained unchanged. The baby, feminine, and family care segment stood out, with both organic sales and volume increasing by 4%.
The Procter & Gamble Company (NYSE:PG) has a long history of dividend growth, having increased its payouts for 68 consecutive years, supported by a strong cash position. In its most recent quarter, it generated $4.8 billion in operating cash flow, with a free cash flow productivity rate of 84%. In addition, it returned $2.4 billion to shareholders through dividends. The company pays a quarterly dividend of $1.0065 per share and has a dividend yield of 2.29%, as of March 3.
Instead of developing new brands, The Procter & Gamble Company (NYSE:PG) focuses on enhancing its existing ones through continuous product improvements and strategic marketing. This approach drives volume growth while enabling gradual price increases. Even during economic downturns, P&G maintains strong performance, as demand for everyday essentials remains steady compared to more discretionary spending.
