Procter & Gamble has paid dividends since 1890 and raised them for nearly 70 straight years. See PG's dividend history, safety, and income potential.
About $278/year at the current 2.8% yield, before any future raises or reinvestment.
Procter & Gamble has paid a dividend every year since 1890 and raised it every year since 1957 — a payment record older than the lightbulb's patent and a raise streak that began when Eisenhower was president. On the dividend aristocrats list, only a handful of companies can match that combination of age and consistency.
| First dividend paid | 1890 |
| Consecutive annual raises since | 1957 |
| Status | Dividend King and Dividend Aristocrat |
| Payment months | February, May, August, November |
| Recent raise pace | Steady — roughly 5–7% per year |
| Payout ratio | Roughly 60% of earnings |
Current yield, annual dividend, and the exact streak length are shown live in the stats bar above — they update as the data changes.
| Year | Milestone |
|---|---|
| 1837 | Founded in Cincinnati by a candle maker and a soap maker |
| 1890 | Incorporates and pays its first dividend — every year since |
| 1946 | Launches Tide, still the best-selling laundry detergent in America |
| 1957 | Start of the unbroken streak of annual increases |
| 2014–2017 | Sheds roughly 100 brands to focus on its strongest categories |
| Today | More than 130 consecutive years of dividend payments |
Detergent, diapers, razors, toothpaste — P&G sells things households buy on autopilot, roughly five billion consumers' worth worldwide. Demand barely moves in recessions, which is why the raise streak survived 2008 and 2020 without so much as a slow quarter of payments.
Tide, Pampers, Gillette, Crest, and Dawn each lead their category. During the 2022 inflation spike, P&G pushed through some of the largest price increases in its history and customers largely kept buying — the clearest possible proof of a brand moat, and the mechanism that lets the dividend outgrow inflation.
A decade ago P&G sold or discontinued roughly 100 smaller brands, shrinking to about 65 that generate nearly all its profit. Fewer, bigger brands mean higher margins and steadier cash flow — the raw material of 60-plus consecutive raises.
No honest profile skips this part. P&G's risks are worth knowing:
The realistic downside: not a cut, but mid-single-digit raises for as far as the eye can see — dependable, rarely exciting.
The income callout above shows exactly what a $10,000 position generates at today's yield — paid quarterly and growing with each April raise announcement. Two forces do the heavy lifting from there:
P&G is a sleep-well anchor: the consumer-staples position you never have to think about.
Every major broker supports PG with fractional shares and free reinvestment — compare them on our platform comparison, or see how P&G ranks among the longest streaks on the dividend kings list.
Yes. Procter & Gamble has increased its dividend every year since 1957 — nearly seven consecutive decades — making it one of the longest-tenured Dividend Kings. It is also a Dividend Aristocrat as an S&P 500 member with well over 25 years of increases.
Procter & Gamble has paid a dividend every year since 1890 — more than 130 consecutive years — and has increased it annually since 1957. Payments arrive quarterly, typically in February, May, August, and November.
PG's dividend is considered very safe. The company sells everyday essentials with strong pricing power, generates dependable cash flow, and pays out roughly 60% of earnings — a comfortable level for a business this stable. The main watch item is whether volumes hold up as prices rise.
Every top broker we review offers PG with $0 commissions, fractional shares, and free dividend reinvestment.