Procter and Gamble Raises Dividend 9%

Although this is no news to dividend growth investors, Procter and Gamble recently raised its dividend by 9%.

This is just an example of how wonderful dividend growth investing can be. By owning stock in P&G I have effectively received a 9% raise. I have never received a raise at my current job, so investing in P&G has actually been more rewarding for me, relatively speaking. 9% raises in dividends will far outpace inflation in almost any circumstance outside hyperinflation. According to this source inflation rose at a pace of 1.5% last year. I’ll take my 9% raises all day long in normal inflationary environments.

There are many different ways to invest and many different ways to try and make your money work for you. I work hard for my money, and the whole point of living frugally and investing is to one day have my money work hard for me. Investing in wonderful dividend growth companies when they are trading at fair or undervalued prices will ultimately deliver me that reward, in my opinion.

Thank you Procter and Gamble for continuing to make us shareholders very happy! 55 years in a row is something to be honored and is extremely commendable. I hope all my fellow P&G shareholders are also celebrating this wonderful raise.

Thanks for reading.