How Do You Buy Procter & Gamble Stock?


Quick Answer

Investors can buy stock in Procter & Gamble Co, trading under ticker symbol PG on the New York Stock Exchange, by opening accounts on broker sites such as Scottrade or TDAmeritrade. By definition, a public company's stock is available for purchase on a stock exchange, according to Investopedia.

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Full Answer

Because Procter & Gamble's common stock is traded on the New York Stock Exchange, its shares are available to the public. Individual investors on TDAmeritrade can open trading accounts for free, and then purchase stocks using electronic funding methods with as little as $50, explains TDAmeritrade.

When purchasing Procter & Gable stock through a broker, there are five order types a broker typically accepts, claims TheStreet. A market order is the standard stock purchase and is a request to purchase or sell a stock at the current market price. Stop orders and stop-limit orders are varieties of market orders triggered once a stock reaches a specific target price. A limit order is an order executed if and when a stock reaches a set price. A trailing stop order is a stop order based on a percentage change in the market price.

A share in Procter & Gamble trades at $76.70 per share with a dividend yield of 3.46 percent as of July 31, 2015, notes Scottrade. For the five-year period that ended July 2015, shares in PG climbed from $62 to $80, an increase of more than 20 percent.

As of July 31, 2015, PG trades with 0.43 percent of its 2.7 billion shares outstanding and therefore available for purchase, states Procter & Gamble and TDAmeritrade. Procter & Gamble produces household goods in five distinct sectors: beauty; grooming; health care; fabric and home care; and baby, feminine and family care, according to Scottrade. The company's products are sold in more than 180 countries and territories to retailers.

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