P&G Dividend Record Meets Wall Street Scrutiny
Procter & Gamble raised its dividend for a 70th consecutive year, with the board approving a 3% increase to $1.0885 per share. The stock last traded at $141.57, below its 52-week high, as analysts maintain a “Moderate Buy” consensus and set an average 12-month target near $161. Fiscal third-quarter net sales rose 7% to $21.2 billion, but tariffs and cost pressures remain risks.