Shares of Procter & Gamble Co. (NYSE:PG) fell to a 52-week low of $156.58, highlighting a tough stretch for the consumer goods leader. The stock has declined 6.1% over the past year as the company grapples with macroeconomic pressures and evolving consumer preferences. This recent dip underscores broader investor caution across the sector amid economic uncertainty.
Despite the downturn, Procter & Gamble continues to demonstrate financial stability through its consistent dividend strategy. The company declared a quarterly dividend of $1.0568 per share, reinforcing a legacy of 135 consecutive years of dividend payments — with annual increases for 69 straight years.
In the capital markets, P&G recently issued $1.25 billion in new debt, including $700 million in 4.050% notes due 2030 and $550 million in 4.600% notes maturing in 2035. The move supports the company’s ongoing operational and investment plans.
Evercore ISI reaffirmed its Outperform rating on the stock, citing restructuring efforts aimed at improving organizational agility. The firm acknowledged Procter & Gamble’s strong performance in traditional retail but noted challenges with online platforms such as Amazon (NASDAQ:AMZN).
On the governance front, the company has appointed Craig Arnold, former CEO of Eaton Corp. (NYSE:ETN), to its Board of Directors. Known for his global leadership and innovation expertise, Arnold is expected to contribute to Procter & Gamble’s long-term growth strategy as it navigates a shifting consumer landscape.
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