#ProctorGamble November 21
We may earn money or products from the companies mentioned in this post.
Throughout November 2024, several of us are taking part in the 30-Day Dow Jones Coach4aday Challenge. Each day, we explore the history or learn about a company within the DJIA—a key economic and stock market indicator. Today’s post is on PROCTOR & GAMBLE.
On July 21, 2023, I composed a post on the best-selling products for 3 companies including Proctor and Gamble.
Procter & Gamble (P&G) was founded in 1837 in Cincinnati, Ohio, by William Procter, a British candlemaker, and James Gamble, an Irish soap maker, who were brought together by their mutual father-in-law. That father-in-law was Alexander Norris, a Cincinnati businessman. Norris encouraged the partnership between Gamble and Procter since they married his daughters Olivia and Elizabeth.
Procter & Gamble (P&G) joined the Dow Jones Industrial Average (DJIA) on May 26, 1932. It replaced the Nash Motors Company and has remained a component of the index since, reflecting its longstanding significance in the U.S. economy.
The closing price of P&G in the 1930 was around .25 a share.
Dow Jones 30-Day Challenge Guidelines
Like previous challenges there are no hard and fast rules to participate. There are a few suggested guidelines
- Each day in November 2024 write about the history or a company that makes up the Dow Jones.
- Share at least one fact about that company.
- If so inclined use the hash tag #Coach4adayChallenge on social media platforms
November 21st-Proctor & Gamble
P&G’s best-selling products has been their brand of disposable diapers called Pampers. Pampers has been a popular choice among parents for many years.
Since 1970 the company has experienced 6 stock splits. One share of P&G owned in 1970 would equal 64 today. On November 19, 2024 the price was $170.76
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