Company: The Procter & Gamble Company (PG)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Since its founding in 1837, Procter & Gamble has become one of the world’s largest consumer product manufacturers, generating more than $80 billion in annual sales. It operates with a lineup of leading brands, including more than 20 that generate north of $1 billion each in annual global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. P&G sold its last remaining food brand, Pringles, to Kellogg in calendar 2012. Sales outside its home turf represent around 53% of the firm’s consolidated total. -Morningstar.com-
Symbol: PG
Recent Price: $169.63
Dividends: $4.03
Yield: 2.38%
Sector: Consumer Defensive
Industry: Household & Personal Products
Address & Company Phone #: One Procter & Gamble Plaza Cincinnati OH 45202, 513-983-1100
Transfer Agent: Equiniti Group plc. 800-742-6253
Moody’s Rating: Aa3
Minimum & Maximum Investment: $50 – $600,0000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $250
Fees: Div.: 5% of amount invested up to $3 Max+3¢/sh. Cash: $5+3¢/sh. Cert: $0 Sells: by Mail, Phone or Internet for $15+12¢/sh.
52 Week High & Low: $161.74, $136.10