Colgate-Palmolive (CL): A Steady Dividend Payer in the S&P 500

Colgate-Palmolive Company (NYSE:CL) is included among the 12 Best Dividend Aristocrat Stocks to Invest in Right Now.

Colgate-Palmolive Company (NYSE:CL) is a manufacturer and marketer of consumer products that is divided into the Oral, Personal and Home Care, and Pet Nutrition segments. The company is the dominant player in Oral Care, holding a 40.9% share of the global toothpaste market and a 31.9% share of the manual toothbrush market this year.

It operates in more than 200 countries, and the company’s products have an excellent reach across the world. Colgate-Palmolive Company (NYSE:CL) has been stressing its pledges to sustainability while continuing to develop as a leader in several product categories. A fundamental part of its approach is sustainability, with initiatives including recyclable toothpaste tubes and clearly-defined environmental goals.

Colgate-Palmolive Company (NYSE:CL) announced a quarterly dividend of $0.52 per share on 12 September. The company has increased its dividends for 62 years, making it one of the best dividend aristocrat stocks. The stock has a dividend yield of 2.62%, as of September 26.

While we acknowledge the potential of CL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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