Can Investors Expect a Big Dividend Hike From Procter & Gamble in April?
Thanks to its streak of over 60 consecutive years of annual dividend increases, there's never any real suspense over whether Procter & Gamble (NYSE: PG) will hike its payout each year. The question is more about the size of P&G's yearly increase. There has been a wide range in that metric over the past two decades, with the consumer giant's biggest hike, 14%, occurring just before the market downturn started in 2008. Its slowest increase happened in 2016, when income investors saw just a 1% boost to their annual income.
P&G normally announces its new dividend in early April, and this year shareholders have some good reasons to expect an unusually big raise. Let's look at a few.
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Source Fool.com
