Procter & Gamble: A Great Friend To Have For Life

Let us, for instance, look at what happens when you reach the conclusion that Procter & Gamble would be an excellent stock to carry with you throughout life, and you only get a chance to make a $5,000 investment in 1970, and to combat the temptation to needlessly accumulate wealth, you decide to collect the dividends along the way.

How does that story play out? Well, the initial $5,000 in 1970 would be immediately paying out $155 in immediate income. By 1980, things were starting to move along, as your $5k investment doubled into $10.1k that was now paying out $325 in dividends. That’s a steady advancement, but not to the point of life-changing from a dividend generating standpoint.

From years 10 to 20, things started to get a little more interesting. Procter & Gamble started hitting its stride, and your $5k advanced to $68.4k. For comparison purposes, the average … Read the rest of this article!