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Why Colgate-Palmolive Company (NYSE:CL) Could Have A Place In Your Portfolio

Brandon Murphy

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Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on Colgate-Palmolive Company (NYSE:CL) due to its excellent fundamentals in more than one area. CL is a highly-regarded dividend-paying company with a an impressive track record of delivering benchmark-beating performance. In the following section, I expand a bit more on these key aspects. If you’re interested in understanding beyond my broad commentary, take a look at the report on Colgate-Palmolive here.

Established dividend payer with proven track record

CL delivered a bottom-line expansion of 19% in the prior year, with its most recent earnings level surpassing its average level over the last five years. Not only did CL outperformed its past performance, its growth also exceeded the Household Products industry expansion, which generated a 17% earnings growth. This is what investors like to see!

NYSE:CL Income Statement Export February 2nd 19

Income investors would also be happy to know that CL is a great dividend company, with a current yield standing at 2.6%. CL has also been regularly increasing its dividend payments to shareholders over the past decade.

NYSE:CL Historical Dividend Yield February 2nd 19

Next Steps:

For Colgate-Palmolive, I’ve compiled three key aspects you should further research:

  1. Future Outlook: What are well-informed industry analysts predicting for CL’s future growth? Take a look at our free research report of analyst consensus for CL’s outlook.
  2. Financial Health: Are CL’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of CL? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.