|Bid||158.80 x 800|
|Ask||159.77 x 900|
|Day's range||158.58 - 161.35|
|52-week range||121.54 - 165.35|
|Beta (5Y monthly)||0.45|
|PE ratio (TTM)||28.15|
|Forward dividend & yield||3.48 (2.20%)|
|Ex-dividend date||20 Jan 2022|
|1y target est||N/A|
Procter & Gamble (NYSE: PG), Clorox (NYSE: CLX), and Kinder Morgan (NYSE: KMI) are three rock-solid dividend stocks to consider if you're concerned with further market volatility. Procter & Gamble has recession resilience, inflation resistance, strong brands, pricing power, and industry leadership.
As inflation hits the consumer goods space, it's time to start focusing on companies with pricing power. How is bellwether P&G doing?
Procter & Gamble (NYSE: PG) recently announced fiscal second-quarter results that featured surprisingly strong sales growth tempered by just a modest pinch from soaring inflation. The owner of dozens of staple consumer brands, including Bounty and Tide, won market share even compared to booming results a year ago. Management raised its growth and cash flow outlook, while confirming their short-term earnings forecast.