This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 High-Yielding Companies in a Strong Bull Trend

PG Earnings Per Share Growth Chart PG Earnings Per Share Growth data by YCharts

Procter & Gamble(PG - Get Report)

Background: Procter & Gamble manufactures and markets a broad range of consumer products in many countries throughout the world. Products fall into five business segments: fabric and home care, paper, beauty care, health care, and food and beverage. Today, P&G markets more than 250 products to more than 5 billion consumers in 130 countries. P&G trades an average of 9.8 million shares per day with a market cap of $183.6 billion.

52-Week Range: $59.07 to $67.95

Yield: 3.36%

After a significant dip in price, which brought its moving averages lower, PG has shown resiliency as it bounces back. The low price on the chart during June coincided with a Tom DeMark TDCombo 13 market timing indication of a bottom.

Even after accounting for the early summer drop in price, P&G has appreciated more than 10% in the last year, and the average analyst target price for PG is $68.85.

The market is pricing in a higher-than-average growth premium for P&G but still well within reasonable levels. I generally start to shy away from earnings multiples above 20. However, at 17.2, potential investors don't have to feel they are about to become bagholders.

Shareholders receive $2.25 annually in dividend payments, making the yield very attractive at 3.36%. Over the last five years, the dividend has grown by an average of 10.8% per year. The dividend growth rate surely makes P&G attractive as a long-term core holding.

How about the short interest? Short-sellers are not interested in betting against this one. Short interest is a nonfactor at a rate of 0.7% of the float.

PG Dividend Yield Chart PG Dividend Yield data by YCharts

2 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
GE $25.87 0.00%
JNJ $100.02 0.00%
MRK $59.05 0.00%
PG $76.40 0.00%
T $34.66 0.00%

Markets

Chart of I:DJI
DOW 17,598.20 -91.66 -0.52%
S&P 500 2,098.04 -5.80 -0.28%
NASDAQ 5,115.3820 -12.8990 -0.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs