Will Procter & Gamble Raise Its Dividend in 2020?
Many stocks have discovered the benefits of delivering higher dividends to their shareholders year after year, but few have put together the track record that consumer products giant Procter & Gamble (NYSE: PG) has. For more than 60 years, P&G has been able to weather the ups and downs of the business cycle and still keep boosting its dividend payouts annually.
Procter & Gamble has recently faced some challenges to its ability to keep growing, as a combination of factors has created new headwinds that it's had to overcome. So far, P&G has successfully gotten through tough times, but some investors still worry that the future could have even bigger obstacles that could force the consumer products specialist to end its long streak. Below, we'll look more closely at Procter & Gamble and whether it can keep raising its dividend in 2020.
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Source Fool.com
