Since Christmas Eve, the price of Procter & Gamble stock has declined 8.5% from $93.89 to $85.90 to give the consumer giant a 3.00% yield for those contemplating buying the stock right now. That is something that catches my attention because, in the past 25 years, Procter & Gamble never had a year in which its dividend had an average yield of 3% or higher until 2010 (however, during the 2010-2015 stretch investors could have purchased Procter & Gamble with a 3% yield or better in each of those years).
Does Procter & Gamble yielding 3% indicate that the stock is worth buying, given its favorable dividend valuation compared to the past generation? … Read the rest of this article! “Buying Or Holding Procter & Gamble Stock Right Now”