A Reliable Dividend Payer: Procter & Gamble Down 20% to Buy and Hold Forever

Procter & Gamble (PG) is a reliable dividend payer that has fallen 20% since November 2024 due to a challenging environment for consumer goods stocks. Despite this, the company's dividend was never in jeopardy, making its prolonged weakness a buying opportunity for long-term income investors. P&G is the world's largest consumer staples company, with a diversified portfolio of popular brands such as Tide, Gillette, and Pampers. The company's sheer size can create complexity and make growth look less meaningful, but its dominance in various markets makes it easier to maintain its lead. With a market cap of $338 billion and a dividend yield of 2.89%, P&G is a solid choice for investors seeking reliable dividends.