If you're looking for an exclusive club, the one statistic that puts Procter & Gamble (PG -0.33%) in rarified air this autumn is 70 years of consecutive annual dividend increases. In a market chock-full of volatility and hype, and with an increasingly uncertain economy, long-term consistency is hard to ignore right now.

This long history of dividend increases means P&G is a legendary Dividend King, which is a company that has raised its payout every year for at least 50 years. Not only has P&G increased its dividend for that long, but it's also paid a dividend every year since 1890. 

Strong financials currently back the company's streak. The stock's dividend yield is nearly 3%, while fiscal year 2026 results indicate the company is committed to maintaining a strong payout ratio and improving earnings per share.

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P&G generated more than $87 billion in revenue in its 2026 fiscal year, a 3% improvement from 2025. Earnings per share rose 2% to $6.62 in that same time frame. P&G is nothing if not steady in its ability to generate cash and more than cover its growing dividend.

Moody's also recently raised P&G's credit outlook to positive. Essentially saying that P&G's free cash flow and earnings growth are sustainable and confirming a strong balance sheet.

The stock itself can't be considered inexpensive, even though the price has declined about 8% in the past year as of this writing. The forward and trailing P/E ratios are both still above 20. The consumer staples sector has also lagged behind the broader market this year. However, that shouldn't deter an income-focused investor seeking a reliable, growing payout. P&G, with its septuagenarian history of dividend increases, is definitely hard to ignore this month.