Dividend Aristocrat Procter & Gamble (PG) will raise its quarterly dividend by four percent to $0.7172 per share in the second quarter of 2018, marking the 62nd consecutive year of dividend increases.

The next dividend is payable on or after May 15, 2018, to Common Stock shareholders of record at the close of business on April 20, 2018. At the current stock price of $78.37 the indicated dividend yield for PG is 3.7%.

The Company expects total dividend payments to shareholders of nearly $7.5 billion in fiscal year 2018, bringing total dividends paid over the last decade to $65 billion. P&G has been paying a dividend for 128 consecutive years since its incorporation in 1890.

The Procter & Gamble Company provides branded consumer packaged goods to consumers worldwide. The company has five reportable segments: Beauty; Grooming; Health Care; Fabric & Home Care and Baby, Feminine & Family Care. Procter's brands include Gilette, Olay, Old Spice, Safeguard, Head & Shoulders, Pantene, Rejoice, Mach3, Prestobarba, Venus, Cascade, Dawn, Febreze, Mr. Clean, Bounty and Charmin. P&G has paid a dividend every year since its incorporation in 1890. The company was incorporated in Ohio in 1905, having been built from a business founded in 1837 by William Procter and James Gamble.