Procter & Gamble (PG) Dividend History & Yield
Dividend ContenderProcter & Gamble (PG) has increased its dividend for 23 consecutive years and currently yields 2.99%. The most recent dividend was $1.0885/share on May 15, 2026, paid Quarterly.
Current Yield
2.99%
TTM Dividend/Share
$4.26
Payment Frequency
Quarterly
Payout Ratio
62.3%
Consecutive Growth Years
23 (Dividend Contender)
Div Growth (1Y CAGR)
5.47%
Div Growth (5Y CAGR)
6.02%
Div Growth (10Y CAGR)
4.73%
PG: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
9.0%
FCF payout ratio
16.8%
Net debt / EBITDA
1.1x
Interest coverage
48.92x
ROIC (TTM)
19.0%
Dividend Safety Score
6 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 62.3%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($5.72) covers dividend/share ($4.26).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
23 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 16.8%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 1.1x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (6.0%) exceeds EPS growth (-23.0%) — payout ratio expanding.
Per-payment dividend history
Ex-date Apr 24, 2026
- Payment date
- May 15, 2026
- Dividend
- $1.0885
- Adj. dividend
- $1.0885
Ex-date Jan 23, 2026
- Payment date
- Feb 17, 2026
- Dividend
- $1.0568
- Adj. dividend
- $1.0568
Ex-date Oct 24, 2025
- Payment date
- Nov 17, 2025
- Dividend
- $1.0568
- Adj. dividend
- $1.0568
Ex-date Jul 18, 2025
- Payment date
- Aug 15, 2025
- Dividend
- $1.0568
- Adj. dividend
- $1.0568
Ex-date Apr 21, 2025
- Payment date
- May 15, 2025
- Dividend
- $1.0568
- Adj. dividend
- $1.0568
Ex-date Jan 24, 2025
- Payment date
- Feb 18, 2025
- Dividend
- $1.0065
- Adj. dividend
- $1.0065
Ex-date Oct 18, 2024
- Payment date
- Nov 15, 2024
- Dividend
- $1.0065
- Adj. dividend
- $1.0065
Ex-date Jul 19, 2024
- Payment date
- Aug 15, 2024
- Dividend
- $1.0065
- Adj. dividend
- $1.0065
Ex-date Apr 18, 2024
- Payment date
- May 15, 2024
- Dividend
- $1.0065
- Adj. dividend
- $1.0065
Ex-date Jan 18, 2024
- Payment date
- Feb 15, 2024
- Dividend
- $0.9407
- Adj. dividend
- $0.9407
Ex-date Oct 19, 2023
- Payment date
- Nov 15, 2023
- Dividend
- $0.9407
- Adj. dividend
- $0.9407
Ex-date Jul 20, 2023
- Payment date
- Aug 15, 2023
- Dividend
- $0.9407
- Adj. dividend
- $0.9407
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Apr 24, 2026 | May 15, 2026 | $1.0885 | $1.0885 |
| Jan 23, 2026 | Feb 17, 2026 | $1.0568 | $1.0568 |
| Oct 24, 2025 | Nov 17, 2025 | $1.0568 | $1.0568 |
| Jul 18, 2025 | Aug 15, 2025 | $1.0568 | $1.0568 |
| Apr 21, 2025 | May 15, 2025 | $1.0568 | $1.0568 |
| Jan 24, 2025 | Feb 18, 2025 | $1.0065 | $1.0065 |
| Oct 18, 2024 | Nov 15, 2024 | $1.0065 | $1.0065 |
| Jul 19, 2024 | Aug 15, 2024 | $1.0065 | $1.0065 |
| Apr 18, 2024 | May 15, 2024 | $1.0065 | $1.0065 |
| Jan 18, 2024 | Feb 15, 2024 | $0.9407 | $0.9407 |
| Oct 19, 2023 | Nov 15, 2023 | $0.9407 | $0.9407 |
| Jul 20, 2023 | Aug 15, 2023 | $0.9407 | $0.9407 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Procter & Gamble has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 23 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $4.1769 | — | — |
| 2025 | $3.9602 | $4.1769 | +5.5% |
| 2024 | $3.7354 | $3.9602 | +6.0% |
| 2023 | $3.6097 | $3.7354 | +3.5% |
| 2022 | $3.4001 | $3.6097 | +6.2% |
| 2021 | $3.1180 | $3.4001 | +9.0% |
| 2020 | $2.9549 | $3.1180 | +5.5% |
| 2019 | $2.8412 | $2.9549 | +4.0% |
| 2018 | $2.7383 | $2.8412 | +3.8% |
| 2017 | $2.6714 | $2.7383 | +2.5% |
| 2016 | $2.6323 | $2.6714 | +1.5% |
| 2015 | $2.5323 | $2.6323 | +3.9% |
| 2014 | $2.3665 | $2.5323 | +7.0% |
| 2013 | $2.2110 | $2.3665 | +7.0% |
| 2012 | $2.0568 | $2.2110 | +7.5% |
| 2011 | $1.8854 | $2.0568 | +9.1% |
| 2010 | $1.7200 | $1.8854 | +9.6% |
| 2009 | $1.5500 | $1.7200 | +11.0% |
| 2008 | $1.3600 | $1.5500 | +14.0% |
| 2007 | $1.2100 | $1.3600 | +12.4% |
| 2006 | $1.0900 | $1.2100 | +11.0% |
| 2005 | $0.9775 | $1.0900 | +11.5% |
| 2004 | $0.8650 | $0.9775 | +13.0% |
| 2003 | $1.1350 | $0.8650 | -23.8% |
| 2002 | $0.7300 | $1.1350 | +55.5% |
| 2001 | $0.6700 | $0.7300 | +9.0% |
| 2000 | $0.6050 | $0.6700 | +10.7% |
| 1999 | $0.5375 | $0.6050 | +12.6% |
| 1998 | $0.4775 | $0.5375 | +12.6% |
| 1997 | $0.4250 | $0.4775 | +12.4% |
| 1996 | $0.3750 | $0.4250 | +13.3% |
| 1995 | $0.3300 | $0.3750 | +13.6% |
| 1994 | $0.2925 | $0.3300 | +12.8% |
| 1993 | $0.2688 | $0.2925 | +8.8% |
| 1992 | $0.2500 | $0.2688 | +7.5% |
| 1991 | $0.2313 | $0.2500 | +8.1% |
| 1990 | $0.2063 | $0.2313 | +12.1% |
| 1989 | $0.1750 | $0.2063 | +17.9% |
| 1988 | $0.1688 | $0.1750 | +3.7% |
| 1987 | $0.1672 | $0.1688 | +0.9% |
| 1986 | $0.1625 | $0.1672 | +2.9% |
| 1985 | $0.1563 | $0.1625 | +4.0% |
| 1984 | $0.1313 | $0.1563 | +19.0% |
| 1983 | $0.1313 | $0.1313 | -0.0% |
| 1982 | $0.1219 | $0.1313 | +7.7% |
| 1981 | $0.1125 | $0.1219 | +8.3% |
| 1980 | $0.1031 | $0.1125 | +9.1% |
| 1979 | $0.0906 | $0.1031 | +13.8% |
| 1978 | $0.0813 | $0.0906 | +11.5% |
| 1977 | $0.0672 | $0.0813 | +20.9% |
| 1976 | $0.0625 | $0.0672 | +7.5% |
| 1975 | $0.0563 | $0.0625 | +11.1% |
| 1974 | $0.0525 | $0.0563 | +7.1% |
| 1973 | $0.0478 | $0.0525 | +9.8% |
| 1972 | $0.0453 | $0.0478 | +5.5% |
| 1971 | $0.0430 | $0.0453 | +5.5% |
| 1970 | — | $0.0430 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Procter & Gamble (PG) from the consolidated cash flow statement, in USD as filed.
Latest period
$10.18B
YoY change
+6.0%
5Y CAGR
+4.9%
Peak year (2025)
$9.87B
Latest annual
$9.87B
Cash dividends paid over time for Procter & Gamble (PG)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Procter & Gamble (PG)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $9.87B | +6.0% | +$560.00M | ||
| 2024 | $9.31B | +3.5% | +$313.00M | ||
| 2023 | $9.00B | +2.6% | +$229.00M | ||
| 2022 | $8.77B | +6.1% | +$507.00M | ||
| 2021 | $8.26B | +6.1% | +$474.00M | ||
| 2020 | $7.79B | +3.9% | +$291.00M | ||
| 2019 | $7.50B | +2.6% | +$188.00M | ||
| 2018 | $7.31B | +1.0% | +$74.00M | ||
| 2017 | $7.24B | -2.7% | -$200.00M | ||
| 2016 | $7.44B | +2.0% | +$149.00M | ||
| 2015 | $7.29B | +5.4% | +$376.00M | ||
| 2014 | $6.91B | +6.0% | +$392.00M | ||
| 2013 | $6.52B | +6.2% | +$380.00M | ||
| 2012 | $6.14B | +6.5% | +$372.00M | ||
| 2011 | $5.77B | +5.7% | +$309.00M | ||
| 2010 | $5.46B | +8.2% | +$414.00M | ||
| 2009 | $5.04B | +12.6% | +$565.00M | ||
| 2008 | $4.48B | +10.6% | +$431.00M | ||
| 2007 | $4.05B | +13.9% | +$493.00M | ||
| 2006 | $3.56B | +37.0% | +$960.00M | ||
| 2005 | $2.60B | +2.2% | +$56.00M | ||
| 2004 | $2.54B | +13.0% | +$293.00M | ||
| 2003 | $2.25B | +7.2% | +$151.00M | ||
| 2002 | $2.10B | +7.8% | +$152.00M | ||
| 2001 | $1.94B | +8.2% | +$147.00M | ||
| 2000 | $1.80B | +10.5% | +$170.00M | ||
| 1999 | $1.63B | +11.2% | +$164.00M | ||
| 1998 | $1.46B | +10.0% | +$133.00M | ||
| 1997 | $1.33B | +10.6% | +$127.00M | ||
| 1996 | $1.20B | +13.2% | +$140.00M | ||
| 1995 | $1.06B | +11.9% | +$113.00M | ||
| 1994 | $949.00M | +11.6% | +$99.00M | ||
| 1993 | $850.00M | +7.9% | +$62.00M | ||
| 1992 | $788.00M | +4.6% | +$35.00M | ||
| 1991 | $753.00M | +17.8% | +$114.00M | ||
| 1990 | $639.00M | — | — |
2025's annual dividends paid for Procter & Gamble (PG) came in at $9.87B – grew 6.0% year-over-year.
Through 2020–2025 (5 years), Procter & Gamble dividends paid delivered a +4.9% annualised rate; sustaining 8 straight years of year-over-year growth.
The highest annual dividends paid of $9.87B was reported in 2025. The lowest in the available history was $639.00M in 1990.
Within Consumer Defensive, Procter & Gamble (PG) ranks 1st among 8 peers we track. The peer median for dividends paid is $7.23B.
Procter & Gamble Dividends Paid 2025: $9.87B
Procter & Gamble dividends paid in 2025 was $9.87B, grew 6.0% from 2024. This figure represents the highest annual value in the available history.
Procter & Gamble Dividends Paid 2024: $9.31B
Procter & Gamble dividends paid in 2024 was $9.31B, edged up 3.5% from 2023.
Procter & Gamble Dividends Paid 2023: $9.00B
Procter & Gamble dividends paid in 2023 was $9.00B, edged up 2.6% from 2022.
Procter & Gamble Dividends Paid 2022: $8.77B
Procter & Gamble dividends paid in 2022 was $8.77B, grew 6.1% from 2021.
Procter & Gamble Dividends Paid 2021: $8.26B
Procter & Gamble dividends paid in 2021 was $8.26B.
See more financial history for Procter & Gamble (PG).
Sector peers by dividends paid
Companies in the same sector as Procter & Gamble, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| Coca-Cola (KO) | $8.78B | Consumer Defensive |
| Philip Morris International (PM) | $8.62B | Consumer Defensive |
| PepsiCo (PEP) | $7.64B | Consumer Defensive |
| Walmart (WMT) | $7.51B | Consumer Defensive |
| Altria Group (MO) | $6.96B | Consumer Defensive |
| Mondelez International (MDLZ) | $2.49B | Consumer Defensive |
| Costco (COST) | $2.18B | Consumer Defensive |
| Monster Beverage (MNST) | $0 | Consumer Defensive |
Frequently asked questions
Does Procter & Gamble pay dividends?
Yes, Procter & Gamble (PG) pays quarterly dividends of approximately $4.26 per share annually, yielding 2.99%.
What is Procter & Gamble's dividend yield?
Procter & Gamble (PG) has a current dividend yield of 2.99%.
Is Procter & Gamble's dividend safe?
Procter & Gamble (PG) passes 6 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Procter & Gamble increased its dividend?
Procter & Gamble (PG) has 23 consecutive years of dividend increases.
What is Procter & Gamble's dividend payout ratio?
Procter & Gamble (PG) has a dividend payout ratio of 62.3%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Procter & Gamble's dividends paid?
Latest reported dividends paid for Procter & Gamble (PG) is $10.18B (period ending March 31, 2026).
How has Procter & Gamble dividends paid changed year-over-year?
Procter & Gamble (PG) dividends paid changed +6.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Procter & Gamble dividends paid?
Procter & Gamble (PG) dividends paid compound annual growth rate is +4.9% over the most recent 5 years available.
When did Procter & Gamble dividends paid hit its highest annual value?
Procter & Gamble dividends paid reached its highest annual value of $9.87B in 2025.
What was Procter & Gamble dividends paid in 2024?
Procter & Gamble (PG) dividends paid in 2024 was $9.31B.
What was Procter & Gamble dividends paid in 2025?
Procter & Gamble (PG) dividends paid in 2025 was $9.87B.
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