Consumer staples are on pace for their best month in 28 years, and Procter & Gamble was up 15.6% year to date as of October 23, a 320-basis-point lead over the S&P 500. P&G, a Dividend King, is one of just 13 Dow components up at least 10% this year, and its 2.7% yield is more than double the S&P 500's. The article notes the sector is richly valued and that rotation out of tech into defensive stocks may be a warning sign for the broader market. If so, staples' outperformance may simply be a case of 'less bad.'
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
consumer goodsS&P 500dividendsProcter & Gamble
Open a keyword to see other news on the same topic.
Related news
- You Can Do Better Than Nike. Buy This High-Yield Dividend Stock Instead.
The article compares Nike with Procter & Gamble (PG). Nike's fiscal first-quarter revenue (ended August 31) fell 5% after adjusting for currency effects, and its share price dropped nearly 40% through October 22 this year, while the S&P 500 gained 12%. P&G kept growing, with fiscal first-quarter sales (ended September 30) up 4% on an adjusted basis, higher volume contributing 2.4 percentage points, and the stock up 15.6% this year. The article highlights brands such as Head & Shoulders, Tide, Gillette and Pampers, which it says have high market shares and steady demand even in downturns. P&G's fiscal 2026 free cash flow of $15.1 billion comfortably covered $10.2 billion in dividends. The company has paid dividends for 136 years and raised them for 70 straight years, making it a Dividend King, with a 2.6% dividend yield versus 1.1% for the S&P 500.
- Procter & Gamble Earnings Show a Resilient Consumer Despite Price Hikes . Is the Dividend King Stock a Buy ?
Procter & Gamble (NYSE: PG) jumped 5.6% on Thursday, its best day in more than six years, after reporting fiscal first-quarter organic sales growth of 4% and organic volume growth of 2.4%. Revenue rose 4% to $23.3 billion, above estimates of $22.8 billion, and core EPS was $2.00 versus a consensus of $1.89. Core gross margin fell 150 basis points on higher commodity costs tied to oil prices, though productivity savings helped improve SG&A margins, and operating margin declined 70 basis points to 25.5%. P&G kept its full-year core EPS guidance of $6.89–$7.11 but warned that cost headwinds will increase over the rest of the year. The stock has a 2.6% dividend yield and the company has raised its dividend for 70 consecutive years, though the shares have been mostly flat over five years, and the article sees moderate upside potential.
- Procter & Gamble's Earnings Show a Resilient Consumer Despite Price Hikes. Is the Dividend King Stock a Buy?
Procter & Gamble shares jumped 5.6% Thursday, their best day in more than six years, after a stronger-than-expected fiscal first quarter with 4% organic sales growth and $23.3 billion in revenue, above the $22.8 billion estimate. Core gross margin fell 150 basis points on higher commodity costs tied to oil prices, but core EPS of $2.00 beat the $1.89 consensus, and the company kept its full-year core EPS guidance at $6.89–$7.11. The article describes P&G as a defensive, Dividend King stock with 70 straight years of dividend increases and a 2.6% yield, but notes the shares have been mostly flat over five years. It says headwinds from commodity and oil costs are expected to increase over the rest of the year, so the upside potential appears moderate.
- Procter & Gamble Has Raised Its Dividend for 70 Straight Years. Here's Why That Matters in a Sell-Off
Procter & Gamble has raised its dividend for 70 consecutive years, making it a 'Dividend King' that has increased payouts for at least 50 straight years. Its 2.6% forward yield looks modest next to the 5% yield on the 10-Year Treasury, but P&G's total return with dividends reinvested was nearly 150% over 10 years and 1,310% over 30 years. The article credits its resilience to essential household and personal care products, after P&G cut its portfolio from around 180 brands in 2014 to 65, focusing on roughly 20 that generate over $1 billion in annual sales. Free cash flow rose 8% to $15.1 billion in fiscal 2026, covering $10.2 billion in dividends, and P&G expects organic sales to grow 1%-3% in fiscal 2027. At $160, the stock trades at 23 times the midpoint of its fiscal 2027 core EPS forecast, a multiple the article calls a bit high relative to its growth potential.
- Why I Just Invested in This Dividend King -- Even Though a Smaller Rival Has Grown Faster.
The author bought Procter & Gamble (PG) for defensive stability, citing its 70 straight years of dividend increases and a market trading at a historically rich valuation. He weighed Church & Dwight (CHD), whose 4%+ annual organic revenue growth and 8%+ adjusted EPS growth over the past decade produced roughly 9% annualized total returns, but noted it trades at 26 times forward earnings with a yield of about 1.2%. P&G, by contrast, trades below 22 times forward earnings with a yield near 3%. The author estimates P&G could deliver about 8% annualized returns if earnings grow 5% per year with no valuation change, and 9–10% if its valuation recovers. He concludes P&G offers better long-term total return potential without needing fast growth.
- Up 35%, How Long Can Coca-Cola Continue Crushing the S&P 500?
Coca-Cola has returned 35% year to date, versus 14% for the S&P 500, its best year since 1996, but the article argues PepsiCo, with a total return of around -3% so far in 2026, has become more attractive on valuation and income. Coca-Cola trades at 29 times earnings compared with PepsiCo's 17, while PepsiCo's dividend yield of 4.2% is higher than Coca-Cola's 2.2%. PepsiCo's revenue growth of 6% in its latest quarter was close to Coca-Cola's 7%, after it cut prices on some items and added healthier ingredients. Both companies hold Dividend King status, with 64 and 54 years of dividend increases respectively, and analysts forecast 4% revenue growth for Coca-Cola in 2026. The author suggests Coca-Cola could struggle to attract additional buyer interest, though its growth is likely enough to keep income-oriented shareholders.
Related markets
Latest news
- Apple brings touch to the Mac, reversing years-old stance on touchscreen laptop
Apple has launched its first laptop with a touchscreen, the MacBook Pro with PROLED XDR Display, which uses OLED technology. It runs M5 Pro or M5 Max chips, is lighter than Apple's current pro laptops, and runs macOS. The 14-inch version starts at $2,899 and the 16-inch version costs at least $3,399, both notable price increases, with sales beginning November 6. This is Apple's third major product launch under CEO John Ternus, in a laptop market suffering one of its worst slumps, which analysts link to AI-driven memory shortages that have raised prices. IDC reported that total PC shipments fell 20% year over year in the third quarter, while Apple's shipments dropped 11%.
- MacBook Pro: Apple launches its first ever touchscreen Mac – and brings back iconic feature
Apple has launched a new MacBook Pro, its first Mac with a touchscreen, which also brings back the glowing Apple logo on the back. The laptop uses the PROLED XDR display, Apple's OLED branding, and is lighter than the previous version, which weighed about 3.5 pounds. To support touch, Apple redesigned macOS so content is easier to manipulate and strengthened the hinge so the screen stays steady when touched. The 14-inch version starts at $2,899 and the 16-inch at $3,399, compared with $1,999 for the non-touchscreen model, which has a less powerful chip. Apple executives, including new CEO John Ternus, had previously dismissed touchscreen Macs mainly over ergonomic concerns about reaching across the keyboard.
- Why F5 Stock Is Getting Crushed Today
F5 (FFIV) shares fell more than 19% intraday even though fiscal fourth-quarter revenue rose 13% year over year to $917 million and adjusted EPS of $4.42 beat estimates. Investors reacted to guidance suggesting slower growth and shrinking gross margins, and Piper Sandler downgraded the stock from overweight to neutral. The article argues the sell-off may be overdone, since shares were up nearly 80% year to date as of the previous close and were vulnerable to profit-taking. Evercore ISI, Barclays and Morgan Stanley raised their price targets after the report, and the analyst consensus target stood at $457.44 versus a price near $370.
- Apple unveils groundbreaking MacBook Pro with PROLED XDR Display and Touch for the first time on Mac
Apple has introduced the MacBook Pro with PROLED XDR Display, using tandem OLED technology, and it is the first Mac with Touch, in thinner and lighter designs. The display offers up to 2,000 nits peak HDR and SDR brightness, a 10,000,000:1 contrast ratio, a 120Hz refresh rate, and P3 and Adobe RGB color coverage. Powered by M5 Pro or M5 Max chips with up to 128 GB of unified memory and up to 16 TB of storage, the laptop offers up to 24 hours of battery life and brings the Dynamic Island to Mac. It comes in 14- and 16-inch models, with pre-orders starting October 28 and availability beginning November 6.
- Strategy Shareholders Approve Daily Dividends on Preferred Stock, With 99.3% in Favor
Strategy shareholders approved an amendment letting its four preferred stocks, STRF, STRC, STRK and STRD, accrue dividends every calendar day, including weekends and holidays, with 99.3% of votes cast in favor according to preliminary results. STRC will move first, with its first daily record date on November 1 and payment on November 2, while the other three switch over with a first record date on January 1 and payment on January 4, subject to filing amended terms for each stock. Record dates falling on non-trading days will be treated as the previous business day, so dividends are effectively grouped and paid on the next business day; for STRC, record dates rise from 24 a year to 365. STRC traded at $99.86 against its $100 par value, and last week Strategy paused Bitcoin purchases for the first time since mid-September to spend $204.9 million buying back STRC. Separately, Strategy faces possible removal from MSCI's widely tracked equity indexes, after MSCI finalized a rule treating companies whose balance sheets are dominated by a single asset as ineligible and will publish affected companies on November 11.
- Finance Minister: “Can Vietnam grow without FDI? The answer is simple: No way!”
At the Group 5 session on the draft amended Investment Law on 24/10, Finance Minister Ngô Văn Tuấn said Vietnam cannot reach double-digit growth without FDI. FDI disbursement reached about USD 21 billion in the first nine months of 2026, and the full-year target is at least USD 30 billion. Reaching double-digit growth would require total social investment of about 40% of GDP and an ICOR falling from 6.4 to 4.5–4.8, with 2026–2030 capital needs expected to be 2.67 times those of 2021–2025. He said incentives should shift toward high technology, R&D, and linkages between FDI firms and domestic businesses, as the global minimum tax reduces the effect of traditional tax incentives. As of August 2026, about 47,796 FDI projects were operating, with registered capital of roughly USD 561.6 billion.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.