Colgate-Palmolive
Colgate-Palmolive (NYSE:CL) is royalty in the consumer staples world thanks to brands like its namesake Colgate dental products and Palmolive cleaners, Softsoap sanitizers and Speed Stick deodorants — things we sure do need, and things we sure don’t talk about.
CL has racked up 14% annual returns since 2006, and it also offers a decent 2.3% in dividends — a payout it has been consistently increasing for more than 25 years.
A pullback Thursday put Colgate just under new all-time highs above $110 set earlier this week. But unless hygiene goes the way of the rotary telephone, CL should continue to power on with dividend increases and appreciation for the long-term.
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