Colgate-Palmolive Company (NYSE:CL) is featured in the 12 Best Dividend Aristocrat Stocks to Invest in Right Now.
Colgate-Palmolive Company (NYSE:CL) is involved in manufacturing and marketing a range of consumer products across Oral, Personal and Home Care, and Pet Nutrition sectors. The company maintains a strong presence in Oral Care, with a commanding 40.9% share of the global toothpaste market and a 31.9% share in the manual toothbrush category this year.
Operating in over 200 nations, Colgate-Palmolive’s products enjoy widespread global accessibility. The company emphasizes its commitment to sustainability while continuing to be a leader in multiple product categories. Key aspects of their strategy involve sustainable practices, including recyclable toothpaste tubes and well-defined environmental objectives.
On September 12, Colgate-Palmolive Company (NYSE:CL) declared a quarterly dividend of $0.52 per share. Having raised its dividends for 62 consecutive years, it ranks among the elite dividend aristocrat stocks. As of September 26, the stock features a dividend yield of 2.62%.
While CL shows promise as an investment opportunity, we recognize that certain AI stocks present greater potential for upside while posing lower risks. For those seeking an undervalued AI stock that stands to gain significantly from Trump-era tariffs and the trend of onshoring, check out our complimentary report on the best short-term AI stock.
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