Analysts: Procter & Gamble now trading with quite high dividend yield

Quite high dividend Procter & Gamble

Based on the recent analyst estimates Procter & Gamble now has one of the highest dividend returns of the American stock exchange.

The consensus of the dividend per share is at 2,73 dollars. The dividend yield consequently equals 3,24 percent. On average the household company yields a rather high dividend return of around 1,37 percent.

Tomorrow American Procter & Gamble will publish her results over the past quarter. For the current book year the analysts expect a total revenue of 66,02 billion dollars. This is slightly more than the revenue over 2015 of 65,3 billion dollars.

Historical revenues and results Procter & Gamble plus taxations 2016

The analysts estimate for 2016 a net profit of 10,56 billion dollars. For this year the analyst's consensus of Procter & Gamble 's result per share is a profit of 3,88 dollars. With these estimates the PE-ratio equals 21,73.

Latest target prices around 83 dollars

The stock Procter & Gamble is being covered by 4 fundamental analysts. The average target price for the stock is at 82,5 dollars. This is around 2 percent less than the current stock price of 84,33 dollars. Sanford C. Bernstein & Co, Exane BNP Paribas and UBS recently provided recommendations for the company.

Based on the number of outstanding shares Procter & Gamble 's market capitalization is around 224,99 billion dollars.

The stock closed last Friday at 84,33 dollars.

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