Procter & Gamble (NYSE: PG) has raised its dividend for 60 consecutive years in one of the stock market’s longest such streaks. The owner of global consumer brands such as Pampers, Gillette, and Bounty also boasts one of the biggest payouts around, having delivered over $60 billion to investors since 2005.
Its latest dividend boost was shockingly small, though, stopping at less than 1%. Yet investors have good reasons to believe that this year’s increase, likely to be announced in April, will be significantly bigger.