P&G has a longer history of dividend growth than Clorox. That said, Clorox is no slouch when it comes to dividends. Clorox has increased its dividend each year since 1977, a streak of 40 years. P&G has increased its dividend for 61 years in a row. Both P&G and Clorox are members of the Dividend Aristocrats, a group of 51 stocks in the S&P 500 Index with 25+ years of consecutive dividend increases.
Not only is P&G a Dividend Aristocrat, but it is also a Dividend King, which is a stock with 50+ years of consecutive dividend increases. Including P&G, there are just 19 Dividend Kings. If an investor were trying to choose between the two, this article will discuss why P&G might be a more attractive dividend stock than Clorox.