Reported 29 days ago
Procter & Gamble (PG), a major player in the consumer goods sector, is grappling with increasing pressure from tariff costs that could reach nearly $1 billion in fiscal 2026. Despite a strong track record of 70 years of dividend increases and a steady cash flow supporting a 2.81% yield, the company has seen its stock drop 9% over the past year. Analysts have adjusted their ratings and price targets in light of expected slower earnings growth due to the ongoing trade tensions. However, P&G's reputation and resilience may still attract investors looking for reliable returns amidst market uncertainties.
Source: YAHOO