Meet the Dividend King With a 64-Year Streak That Wall Street Is Sleeping On
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Meet the Dividend King With a 64-Year Streak That Wall Street Is Sleeping On Catie Hogan, The Motley Fool Fri, July 3, 2026 at 9:11 AM PDT 2 min read CL NVDA If you're an investor looking for dividend consistency, a yield over 2%, and stock appreciation of 16% year to date, you might be surprised that consumer staples veteran Colgate-Palmolive Company (NYSE: CL) fits the bill. Yes, the maker of cleaning supplies, shower soap, and even pet food has had an excellent year in the market. The company has also paid an uninterrupted dividend since 1895 and increased that dividend for 64 straight years. It is truly one of the most remarkable Dividend Kings available. A Dividend King is a company that has raised its dividend for at least 50 consecutive years. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue Colgate recently increased its quarterly payout to $0.53 per share. The dividend is funded by the company's free cash flow of about $3.6 billion. Colgate is also experiencing strong growth for a company of its size. In the first quarter of 2026, net sales increased 8.4%, and the company maintained its full-year 2026 guidance. Image source: Getty Images. The biggest challenge for Colgate is the ongoing battle with inflationary pressures on materials. This was evident in the first-quarter results, as earnings per share and gross profit margin decreased. Fortunately, Colgate has very strong pricing power and global brand recognition. The company has also invested heavily in technology to drive innovation and improve efficiency. For long-term income-focused investors, Colgate is a defensive hybrid offering both a solid yield and growth. The stock's current forward P/E ratio is about 24 and is also trading at about three times company sales, which could be perceived as slightly overvalued. Still, for income investors who plan to buy and hold, Colgate-Palmolive is an attractive investment that shouldn't be overlooked. Should you buy stock in Colgate-Palmolive right now? Before you buy stock in Colgate-Palmolive, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now and Colgate-Palmolive wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $418,761 !* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,195,804 !* Story Continues Now, it's worth noting Stock Advisor's total average return is 918% a market-crushing outperformance compared to 208% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor , and join an investing community built...
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