2024-06-30 06:32:33 ET
Summary
- Procter & Gamble is a shareholder-friendly business with consistent dividend growth and outstanding profitability.
- The Company has a leading position in various market segments globally, with solid financial performance and a well-diversified portfolio.
- PG upholds its pricing power and brought some improvement in terms of organic volume growth. However, there's still some room for improvement.
- The Enterprise is fairly valued. I will gladly hold on to my position and allocate the dividends and additional sources to other investment opportunities, while I wait for to add buy more PG in the future.
Investment thesis
To avoid any misunderstandings - I own a certain position in Procter & Gamble ( PG ), and I don't intend to sell it. It's an amazing business with a shareholder-friendly approach. I highly appreciate the dividends that grew over the years and don't see any "sell" rationale....
Read the full article on Seeking Alpha
For further details see:
Procter & Gamble: Happy To Hold, But I'm Currently Not Adding