Procter & Gamble Co (FRA:PRG) Dividend Payout Ratio: 0.67 (As of Mar. 2026) — Near Median


FRA:PRG Procter & Gamble Co FRA:PRG
81 GF Score
Price €132.72
GF Value €147.76
Valuation Modestly Undervalued
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What is Procter & Gamble Co Dividend Payout Ratio?

Procter & Gamble Co FRA:PRG +1.58% 81 Dividend Payout Ratio is 0.67 as of Mar. 2026, which is 8% above its 10-year median of 0.62. GuruFocus rates FRA:PRG with a GF Score™ of 81/100 and a GF Value™ of €147.76 (Modestly Undervalued). Among 998 Consumer Packaged Goods companies, Procter & Gamble Co ranks worse than 66.93% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Procter & Gamble Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.67.

The historical rank and industry rank for Procter & Gamble Co's Dividend Payout Ratio or its related term are showing as below:

FRA:PRG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.62   Max: 0.72
Current: 0.61


During the past 13 years, the highest Dividend Payout Ratio of Procter & Gamble Co was 0.72. The lowest was 0.57. And the median was 0.62.

FRA:PRG's Dividend Payout Ratio is ranked worse than
66.93% of 998 companies
in the Consumer Packaged Goods industry
Industry Median: 0.43 vs FRA:PRG: 0.61

As of today (2026-06-24), the Dividend Yield % of Procter & Gamble Co is 2.74%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Procter & Gamble Co was 3.81%. The lowest was 2.07%. And the median was 2.52%.

Procter & Gamble Co's Dividends per Share for the months ended in Mar. 2026 was €0.91.

During the past 12 months, Procter & Gamble Co's average Dividends Per Share Growth Rate was 5.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Procter & Gamble Co was 31.30% per year. The lowest was 2.40% per year. And the median was 10.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Procter & Gamble Co (FRA:PRG) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Procter & Gamble Co Dividend Payout Ratio Related Terms


Procter & Gamble Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Procter & Gamble Co's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Procter & Gamble Co Dividend Payout Ratio Chart

Procter & Gamble Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.61 0.62 0.58 0.60

Procter & Gamble Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.65 0.71 0.53 0.56 0.67

FRA:PRG vs CL, KVUE, KMB: Dividend Payout Ratio Comparison

For the Household & Personal Products subindustry, Procter & Gamble Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Procter & Gamble Co Dividend Payout Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Procter & Gamble Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Procter & Gamble Co's Dividend Payout Ratio falls into.


FRA:PRG
81GF Score
Procter & Gamble Co FRA:PRG
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Procter & Gamble Co Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Procter & Gamble Co's Dividend Payout Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jun. 2025 )/ EPS without NRI (A: Jun. 2025 )
=3.534/ 5.922
=0.60

Procter & Gamble Co's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.914/ 1.375
=0.66

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.67 mean?
Procter & Gamble Co (FRA:PRG) has a Dividend Payout Ratio of 0.67 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Procter & Gamble Co and its competitors. This is near median its historical median of 0.62. Over the past decade, Procter & Gamble Co's Dividend Payout Ratio has ranged from 0.57 to 0.72. According to the industry distribution chart, Procter & Gamble Co ranks #668 out of 998 companies in the Consumer Packaged Goods industry, placing it in the top 66.9%.
Is Procter & Gamble Co's Dividend Payout Ratio too high?
Procter & Gamble Co's current Dividend Payout Ratio of 0.67 is near median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 0.72. The Consumer Packaged Goods industry median Dividend Payout Ratio is 0.43. Procter & Gamble Co's value of 0.67 is 55.8% above this industry median. Based on the distribution chart, Procter & Gamble Co ranks #668 out of 998 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Procter & Gamble Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Procter & Gamble Co's Dividend Payout Ratio compare to CL and KVUE?
According to the Consumer Packaged Goods industry distribution chart, Procter & Gamble Co ranks #668 out of 998 companies for Dividend Payout Ratio. This places Procter & Gamble Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.43. Procter & Gamble Co's value of 0.67 is 55.8% above this benchmark. Historically, Procter & Gamble Co's own Dividend Payout Ratio has ranged from 0.57 to 0.72 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.43, Procter & Gamble Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Consumer Packaged Goods company?
The median Dividend Payout Ratio among Consumer Packaged Goods companies is 0.43, based on 998 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Procter & Gamble Co's current Dividend Payout Ratio of 0.67 is 55.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Procter & Gamble Co and its competitors. For the Consumer Packaged Goods industry, the median Dividend Payout Ratio is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Procter & Gamble Co's current Dividend Payout Ratio is 0.67, which is near median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Procter & Gamble Co stock overvalued right now?
Based on GuruFocus' analysis, Procter & Gamble Co (FRA:PRG) is currently considered Modestly Undervalued. The stock's GF Value™ is €147.76, compared to a current price of €132.72 — trading 10.2% below its estimated fair value. The current Dividend Payout Ratio is 0.67, which is near median its 10-year median of 0.62 and 55.8% above the Consumer Packaged Goods industry median of 0.43. Procter & Gamble Co's overall GF Score™ is 81/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Procter & Gamble Co (FRA:PRG), the current Dividend Payout Ratio is 0.67 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Procter & Gamble Co (FRA:PRG) Overvalued in 2026?

Based on GuruFocus' analysis, Procter & Gamble Co stock appears to be undervalued. The current stock price of €132.72 is trading 10.2% below its estimated GF Value™ of €147.76. GuruFocus considers Procter & Gamble Co to be Modestly Undervalued.

Key valuation signals for FRA:PRG:

  • Dividend Payout Ratio: 0.67 (near median its 10-year median of 0.62)
  • GF Value™: €147.76 vs. price of €132.72 (10.2% below fair value)
  • GF Score™: 81/100
  • Industry Position: 55.8% above the Consumer Packaged Goods median (#668 of 998)

No single metric tells the full story. See the FRA:PRG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Procter & Gamble Co Business Description

Address One Procter and Gamble Plaza, Cincinnati, OH, USA, 45202
Since its founding in 1837, Procter & Gamble has become one of the world's largest consumer product manufacturers, with annual sales of nearly $85 billion. It operates with a lineup of leading brands, including more than 20 that generate annual global sales of more than $1 billion each, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. Sales outside its home turf represent just more than half of the firm's consolidated total.
81GF Score

Get the complete analysis for FRA:PRG

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€132.72
Price
€147.76
GF Value