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The consumer staple companies are experiencing higher costs due to inflation.
Fool.com contributor Parkev Tatevosian compares Procter & Gamble (PG 0.49%) with Clorox (CLX 1.26%) to answer which is the better dividend stock for investors looking for passive income.
*Stock prices used were the afternoon prices of July 18, 2023. The video was published on July 20, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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