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

Core Insights - Colgate-Palmolive Company (NYSE:CL) is recognized as one of the 12 Best Dividend Aristocrat Stocks to invest in currently [1] - The company is a leading manufacturer in the consumer products sector, particularly in Oral Care, with significant market shares [2] - Colgate-Palmolive emphasizes sustainability in its operations, implementing initiatives like recyclable toothpaste tubes [3] - The company has a long history of increasing dividends, with a current quarterly dividend of $0.52 per share and a dividend yield of 2.62% [4] Company Overview - Colgate-Palmolive operates in more than 200 countries, showcasing a strong global presence [3] - The company holds a 40.9% share of the global toothpaste market and a 31.9% share of the manual toothbrush market [2] Sustainability Initiatives - Sustainability is a fundamental aspect of Colgate-Palmolive's strategy, with clear environmental goals and initiatives aimed at reducing plastic waste [3] Dividend Performance - The company has increased its dividends for 62 consecutive years, reinforcing its status as a reliable dividend payer [4] - The current dividend yield stands at 2.62% as of September 26 [4]