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This Super Safe Dividend King Just Hit an All-Time High for All the Right Reasons

Procter & Gamble is helping lead the consumer staples sector to new heights.

By Daniel Foelber May 14, 2024 at 5:35AM EST

Key Points

  • P&G is relying on price increases and efficiency improvements to drive earnings growth.
  • The strategy has worked, but P&G eventually needs to see sales volumes improve, too.
  • P&G rewards its shareholders with buybacks and dividends.

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