Proctor & Gamble (PG) just recently announced a very slight increase in its annual dividend to shareholders. Based on some of the shareholders comments from around the web, I get the impression that just as many people are displeased with the small increase as there are those that are satisfied with any increase at all. With that in mind, I thought it would be a good idea to take a closer look at P&G's dividend growth rate through the "Divi-X" system.
Coincidentally, the end of March has given us six years of trading history data with P&G using the "Divi-X" System, as it is one of the securities belonging to the "Divi-X" Index, so this article also gets filed under "Divi-X" Annual Review.' Before we dig a little deeper into the dividend situation, let's quickly recap our last six years with (NYSE:PG).
The Dividend Times, LLC
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.