Colgate-Palmolive Firm (NYSE:CL) is included among the many 10 Finest Passive Revenue Shares to Purchase Now.
An array of toothpaste, toothbrushes, and mouthwashes on a brilliant background, highlighting the corporate’s oral care merchandise.
The corporate has been rewarding shareholders with rising dividends for the previous 62 consecutive years, which locations it in an elite group of Dividend Kings. The inventory helps a dividend yield of two.28%, as of July 10.
Within the first quarter of 2025, Colgate-Palmolive Firm (NYSE:CL) reported robust earnings, with its income coming in at $4.9 billion, which beat estimates by $47.8 million. The corporate’s GAAP gross revenue margin and Base Enterprise gross revenue margin each rose by 80 foundation factors, reaching 60.8%. It maintained its main place within the toothpaste market, holding a worldwide share of 40.9% 12 months thus far. The corporate additionally continued to guide the handbook toothbrush phase with a worldwide market share of 31.9% over the identical interval.
Colgate-Palmolive Firm (NYSE:CL) is a shopper items firm providing a spread of merchandise throughout oral care, private care, family, and pet care classes. The inventory has surged by almost 6% previously six months.
Whereas we acknowledge the potential of CL as an funding, we imagine sure AI shares provide larger upside potential and carry much less draw back threat. For those who’re in search of a particularly undervalued AI inventory that additionally stands to profit considerably from Trump-era tariffs and the onshoring development, see our free report on the finest short-term AI inventory.
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