Procter & Gamble just reported earnings this week and the stock popped about 3%. They beat expectations, and they even raised the dividend another 3%. But they're warning about a $1 billion hit to profits next year from the Middle East conflict. Oil prices spiking to $100 a barrel means higher costs for packaging and shipping, plus tariffs are already squeezing margins. They're guiding earnings toward the lower end of their range now. The business itself is fine, people still need Tide and Pampers. But watching a war halfway across the world eat into your dividend stock is the part I didn't sign up for.
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