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https://www.talkofthevillages.com/fo...696-post2.html https://www.washingtonpost.com/healt...8Xx8Pu_OlTOPuw |
Those that are not working or struggling to feed their children aren’t supporting P&G
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We may be lowering the FLU infection rate due to being careful, but it's not gone. And I am sure that many have the FLU and think it is COVID and eventually get well and carry on with their lives, thinking that they have survived the virus. Sorry, but the mask is NOT going to be a permanent clothing accessory. |
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More likely that is the reason... |
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This thread is in the Investment Forum, but it is starting to jump the track.
Getting back to P&G, I am surprised the stock has not split recently. The last split was in 2004. It was a two-fer like it always has been. (And, yes, I understand splits.) PG has a long history of stock splits. Procter, a candle maker, and Gamble, a soap maker, met when they married two sisters. P&G was born in Cincinnati in 1837 and the rest is Cincinnati history gone global to 80+ countries. PG has paid a dividend almost since its incorporation, and more importantly, the dividend has been increased for 64 consecutive years. The percentage of the increase, of course, varies. Some might find PG to be a boring stock. It usually does not take investors on a rocket ride. But the dividend check has a history of coming through -- and has for a very long time. Anyway, I think Procter and Gamble will be OK. That "hit" was not really a hit. More of a dip. (I thought maybe the stock dip was because I have not been buying as many Crest White Strips as usual -- what with wearing a mask and all. I still use them but probably not as often as when I had an actual social life. It is good to know I was not totally responsible for the drop in stock price.) Boomer |
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Find a niche and fill it. (Find a nose and stick it.)
According to yesterday’s Cincinnati Business Courier, Procter and Gamble has a new nasal swab and has announced its licensing to Rhinostics — a Massachusetts company that is bringing Covid at-home testing to market. The nose knows. |
The cases of seasonal influenza are way down as well. It's not just masks. It's the hand washing, sanitizing and social distancing as well. And don't forget there are some people that refuse to leave their homes and venture outside at all.
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