Colgate-Palmolive Company (CL): The Oldest Member of the S&P 500 Dividend Aristocrats

Colgate-Palmolive Company (NYSE:CL) is included among the 11 Best Dividend Aristocrat Stocks to Invest in Now. An array of toothpaste, toothbrushes, and mouthwashes on a bright background, highlighting the company's oral care products. Founded in 1806, the company is the oldest among the S&P Dividend Aristocrats. The business traces its origins back to William Colgate, who started a starch, soap, and candle venture on Dutch Street in New York City. Today, the company continues to focus on its main product categories— oral care, personal care, home care, and pet nutrition— serving customers in over 200 countries and territories around the world, according to its official website. Colgate-Palmolive Company (NYSE:CL) holds a strong dividend policy due to its robust balance sheet. In the first quarter of 2025, the company reported an operating cash flow of $600 million and had over $1.1 billion available in cash and cash equivalents. Its free cash flow came in at $476 million for the quarter. Colgate-Palmolive Company (NYSE:CL) has been rewarding shareholders with growing dividends for the past 62 years. The company offers a quarterly dividend of $0.52 per share and has a dividend yield of 2.34%, as of June 27. 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. READ NEXT: 10 Best Stocks to Buy For Dividends and 15 Best Dividend Stocks of 2025 Disclosure. None.