Colgate-Palmolive Is Crushing The Market — Time To Invest?

Dividends Forever
3 min readMay 11, 2024

Big Tech is dead.

Long live…

Big Toothbrush?

The Vanguard S&P 500 ETF is up 9.55%, year-to-date.

The Colgate-Palmolive Company, a stalwart business that makes toothpaste and toothbrushes, is up 18.78%.

Both impressive.

But today, I want to explore why Colgate-Palmolive ($CL) is beating the market. And whether or not it’s a good time to invest in this business.

What Does Colgate-Palmolive Do?

Colgate-Palmolive is one of the biggest toothbrush and toothpaste manufacturers in the world. They make Colgate branded toothpaste, toothbrushes, and mouthwash. And they own brands like Sorriso and Tom’s of Maine.

In addition, Colgate-Palmolive makes soap, deodorant, and even owns the Hill’s Pet Nutrition brand.

This is a diversified consumer staple business.

Colgate-Palmolive is also an extremely reliable dividend stock. The company has paid uninterrupted dividends since 1895. And, Colgate-Palmolive has raised their dividend every year for the past 60 years.

Depending on the stock’s valuation, Colgate-Palmolive is often a great buy-it-and-forget-it investment.

--

--

Dividends Forever
Dividends Forever

Written by Dividends Forever

Providing you with detailed insights into long-term, buy-and-hold dividend investment opportunities.

Responses (3)