|Bid||0.00 x 800|
|Ask||0.00 x 900|
|Day's range||146.30 - 147.54|
|52-week range||122.18 - 164.90|
|Beta (5Y monthly)||0.39|
|PE ratio (TTM)||25.96|
|Forward dividend & yield||3.65 (2.49%)|
|Ex-dividend date||19 Jan 2023|
|1y target est||N/A|
Investors who want to add defensive stocks to their holdings should consider companies that sell everyday essentials and have already proven to be relatively strong performers over the last year. McDonald's (NYSE: MCD) and Procter & Gamble (NYSE: PG) both outperformed the S&P 500 index over the last 15 months. Both pay above-average dividend yields and have wide competitive moats that should lead to many more years of dividend increases.
While Wall Street always likes to see strong growth, right now the priority is on stability and profitability through what could be a weak period ahead for the economy. Procter & Gamble said in mid-January that organic sales rose 5% in the most recent quarter on top of big gains a year earlier. Likewise, Costco's same-store sales were up an impressive 7% in the quarter that ended in mid-February as shoppers look to stretch their shopping budgets.
Procter & Gamble (PG) closed the most recent trading day at $146.36, moving +0.28% from the previous trading session.